Knowledge and Insights: Newsletters

Tax Planning is Essential to Asset Sales in Bankruptcy Cases

Asset sales are an integral part of bankruptcy cases.  When considering a sale’s benefit to an estate, the potential benefit to “Uncle Sam” should also be considered.  Will the debtor…

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IRS ‘Get Transcript’ Hack Shows Increased Need for Cyber Caution

The IRS announced on June 2 that from February to mid-May, criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts…

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It’s Wedding Season. Have You Considered All You Need To Do When You Get Married?

Your wedding planning checklist may look something like this: 1. Dress – bought 2. Tux – need 3. License – file 4. Guest list – finish; however, it would be prudent for…

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Travel Insurance: What Is It And Do I Need It?

There are many types of insurances with which we all are familiar, including medical, automobile, life, etc.  Another type of insurance known to some is  travel insurance. Maybe you noticed…

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Have You Heard the Word Merger Lately?

I have. Almost everywhere I go, nonprofit community leaders are discussing working together or collaborating with other organizations. Just over a year ago, I wrote an article entitled, “Would Your…

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#AllCashDiet

A new year presents the opportunity to chase goals or restart the pursuit of old goals that weren’t met. The University of Scranton reported that 34% of Americans made a…

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April is Financial Literacy Month

Everyone knows that sex, religion and politics are out of bounds for discussion in polite company, right?  Now is a good time to recognize another taboo topic that should be…

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Highlights of the FFIEC BSA/AML Manual Update

The Federal Financial Institutions Examination Council (FFIEC) recently made significant changes throughout more than a dozen sections of the Bank Secrecy Act and Anti-Money Laundering (BSA/AML) Manual, the first update…

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Why and How a Nonprofit Should Establish an Operating Reserve

Congratulations!  The nonprofit organization you manage, or represent as a member of the Board of Governance, has made the strategic decision to establish an operating reserve.  Making this decision is…

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The Affordable Care Act and Employers

The Affordable Care Act (ACA) contains several tax provisions that affect employers. Under the ACA, an employer’s workforce size is significant because this information determines which provisions apply.An employer’s size…

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