Industries
Tax Notice 2020-18: What You Need to Know
This week in Notice 2020-18, the Treasury Department and the Internal Revenue Service (IRS) announced special federal income tax return filing and payment relief in response to the ongoing Coronavirus…
Coronavirus Resource Guide for Business Owners
There is an ever-evolving flood of information being made available in response to the COVID-19 pandemic – what it means for businesses, owners and employees, federal and state guidance, clarity…
Coronavirus (COVID-19) Impact, Risk & Response Toolkit
Due to the rapid acceleration of the COVID-19 pandemic, countless organizations are putting together strategic plans in order to alleviate the potential effects on their operations, while continuing to meet…
Business Sustainability Checklist for Nonprofit Organizations During Crisis
During an unprecedented crisis such as the coronavirus (COVID-19) outbreak, an organization’s greatest chances of survival dramatically improve if it takes proactive measures to preserve cash immediately instead of taking…
Business Sustainability Checklist for Organizations During Crisis
During an unprecedented crisis such as the coronavirus (COVID-19) outbreak, a business’s greatest chances of survival dramatically improve if it takes proactive measures to preserve cash immediately instead of taking…
Nonprofits, Tax Changes & The SECURE Act
On December 20, 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the broadest piece of retirement legislation passed in 13 years. It went into effect…
Nonprofit Grants & Contracts – It’s Time to Implement FASB ASU 2018-08
In June 2018, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Clarifying the Scope of the Accounting Guidance for Contributions Received and Contributions Made. The update…
3 Ways to Position Yourself & Your Family for Future Success
Many business owners support their families through their businesses. If something were to happen to you, such as a sudden death or permanent incapacitation, it may affect both your business…
Tax Watch: How the IRS W-4 Changes Will Affect Employees & Employers
The IRS has completely changed income tax withholding with the release of a new W-4 form for 2020. There are differing opinions on whether this is a good thing or…
Cryptocurrency or Cryptonite?
In 2014, the Internal Revenue Service (IRS) issued limited guidance on cryptocurrency, which led to more questions than answers. As the use of digital currency has become more widespread in…