Skip to content

Services

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 the easy part, now the hard work begins.  Decisions need to be made about the appropriate amount of reserve to be established and the best…

Read More

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 is determined by the number of its employees. An employer with 50 or more full-time employees or full-time equivalents is considered an “applicable large employer,”…

Read More

Financial Literacy Extended With Mercadien Foundation’s $martWorkplace Initiative

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 talked about – money. In 2003, the National Endowment for Financial Education introduced Youth Financial Literacy Day, and, in 2004, the U.S. Senate passed Resolution…

Read More

2015 Financial Literacy Month

Financial literacy, defined as the ability to use knowledge and skills to manage financial resources effectively for a lifetime of well-being, is a long-standing issue that was publically recognized in 1995 by the Jump$tart Coalition for Financial Education. Many solutions have been proposed throughout the last two decades to improve the health and well-being of…

Read More

Marguerite Mount Named Annual Honoree by Family Guidance Center

The Mercadien Group is pleased to announce that Marguerite L. Mount, CPA, CGMA; managing director; principal in Mercadien, P.C., CPAs; and leader of the firm’s Individual Services Group, has been selected to receive the Mary Jo Codey Award at the Family Guidance Center Corporation’s Annual Spring Fling on April 16, 2015. Family Guidance Center is…

Read More

Performance Auditing – A Step Towards Improving Your Business

Although most everyone is familiar with the term audit, a lesser-recognized type of service provided through examination of records is known as a performance audit. These can be described as audits that provide findings or results based on an evaluation or sufficient evidence against stated criteria. While performance auditing is historically thought of in relation…

Read More

Learn How Impending New Regulatory Reforms Will Affect Your Entity

On December 26, 2013, the Office of Management and Budget (OMB) issued its final grant reform rules to the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, effective for fiscal years beginning after December 26, 2014.  The reform streamlines the language from eight existing OMB Circulars into one consolidated set of guidance…

Read More

Budget Less, Forecast In Real Time A Winning Strategy For Some

Budgeting seems to be going out of vogue in some company circles as financial markets, and the economy at large, is becoming increasingly volatile and more difficult to predict. In the place of budgets, companies have started to introduce rolling forecasts, flexible budgets and event-driven planning. These forecasting tools afford companies the opportunity to continue…

Read More

Tips for a Stress-Free New Year

Are you ready for tax time? There are a couple of steps you can take now, as information begins to arrive in the mail, to alleviate some of the stress of filing your tax return. Begin by putting together a folder with W-2s from your employer, 1099s for other income you may have earned, bank…

Read More

The Tax Increase Prevention Act of 2014

As December waned, Congress passed and President Obama signed the Tax Prevention Act of 2014 (TIPA). This act was intended to extend more than 50 tax provisions that expired on December 31, 2013. These provisions benefit both individuals and businesses in the form of deductions, credits and other tax savers that have been present in…

Read More

Scroll To Top