Knowledge and Insights: Newsletters
Trends in Family Philanthropy
Whether you are a family foundation or a grant-seeker, we thought you would find some interest in these trends. Family foundation giving almost doubled between 2002 and 2013 and the…
Is Your Payroll Service Provider Really Remitting Your Taxes?
At a recent client board meeting I was asked how an organization would know if their payroll service provider was remitting the payroll taxes on their behalf. In light of…
Our Annual Business Plan – We Have One Too!
Well we did it again – we went to Washington to recharge, regroup and visit with our nonprofit peers to convene about top of mind subjects at the AICPA not…
Lines of Defense – The Key Challenges in Integrating Control Activities
The current economic environment and significant risk events over the last few years have caused companies to maintain a renewed focus on the effectiveness of risk management. Substantial amounts have…
Devise Your Exit Strategy – An Early Start Helps Ensure A Good Outcome
Every company owner needs an exit strategy — whether that involves transferring the business to family members or selling it to a management team or a third party. Regardless of…
Preparing For The New Overtime Pay Rule
After much anticipation, the Department of Labor recently released a new rule that will change how employers compensate employees. Effective December 1, 2016, workers who earn above the previous threshold…
Retirement Planning for the Self-Employed
Self-employed individuals are notoriously busy, but that does not mean that planning for retirement should be put on the back burner. A recent survey indicated that 70% of America’s 10…
Gifting Wisely
Most of us are familiar with the concept that we can gift a certain amount of money to another person every year without gift tax consequences and that there is…
What’s Your Organization’s Performance Score?
Nonprofits are facing a new challenge as many donors, regulators and ratings agencies now are looking for performance reporting to be provided to them; that is, financial measurements as well…
How Does Your Board Stack Up?
The members of a board of directors collectively set the direction of an organization, steering it toward a better future by setting the tone that promotes sound and ethical legal…