The accounting policies and procedures manual is an oft-overlooked document in an organization but provides significant insight into the actions...
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Non-Profit
08/10/2022
Have you considered a 457 tax-deferred plan?
What is a 457 plan? And how does it work? A 457 plan allows employees working for the state, local...
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Non-Profit
07/19/2022
Employee Retention Credit Updates – IRS Processing Times & Strategies to Enhance Credit
Quick background – If you have not explored the Employee Retention Credit (ERC), you may qualify for a payroll tax...
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Business
07/18/2022
Understanding the Statement of Cash Flows
What is the statement of cash flows? The statement of cash flows is a financial statement that illustrates an entity’s...
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Business
06/21/2022
What You Need to Know About In-Kind Contributions
In-kind contributions are an important resource to many not-for-profits but tracking and valuing these contributions may be challenging. What are...
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Non-Profit
06/16/2022
Three Reasons Non-Federal Entities Receiving Federal Awards Should Use the OMB Compliance Supplement
The Office of Management and Budget (OMB) Compliance Supplement is issued annually providing information on Federal programs’ objectives, procedures, and...
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Non-Profit
04/08/2022
Creating an Effective Board – Executive Director Relationship
Is the leadership of your nonprofit organization collaborative and effective or mired in dysfunction? Nonprofit leadership includes both the board...
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Non-Profit
04/08/2022
Navigating Nonprofit Board Responsibilities
Topics: The Role of the Board The Relationship between the Board and the Executive Director When Things Don’t Go According...
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Non-Profit
03/16/2022
Accounting and Staffing in a Remote Environment
As work in a remote environment continues to become more prevalent and, at times, an essential part of the workforce,...
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Non-Profit
02/15/2022
Cryptocurrency Donation Basics for Nonprofit Organizations
Over the past several years, cryptocurrency donations to nonprofit organizations have become commonplace. Individuals who are dedicated to digital currency,...
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Non-Profit
01/06/2022
Getting your books ready for the new year
With the new year upon us, the time has come to close the books on 2021. For many companies, January...
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Business
12/20/2021
De Minimis Fringe Benefits to Employees
With the holiday season approaching employers may desire to reward their employees with a little something extra in their stockings...