News & Insights
Accounting policies and procedures are essential for nonprofits, tooNot-for-profit entities may not focus on earnings per share, but that doesn’t mean they can afford to neglect their accounting function. Here are some tips to help nonprofits run a well-oiled accounting department. 
Like every business, a start-up needs a sensible budgetAre you thinking about launching a start-up? Or do you just want to get back to the basics of good budgeting? Here’s a look at the foundation of a solid budget. 
Protecting your nonprofit from data breachesThere are many low-cost (and even free) cybersecurity tools available to nonprofits, so don’t take the risk of going unprotected. Here are some easy ways to prevent data breaches. 
Prevent fraud at your construction company with a holistic approachFraud is an ever-present threat for construction businesses, both in the office and on jobsites. That’s why contractors must leave no stone unturned when trying to prevent it. 
Preparing for year-end inventory countsA physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting? 
Maryland Saves Program Effective For Tax Year 2023In 2016, the Maryland legislature passed Senate Bill 1007 establishing the Maryland Small Business Retirement Savings Program (Maryland Saves Program). After many years of delays, the Maryland Saves Program is effective for tax year 2023. 
Act now to reduce your business’s 2022 tax billAs 2022 winds down, now is the time for your business to take stock of its tax situation and implement year-end tax planning strategies. 
5 steps to take now to cut your 2022 tax liabilityAre you interested in reducing your 2022 tax liability? There’s still time to take these year-end tax planning steps. 
Reinforce your cybersecurity defenses regularlyHackers don’t give up, and neither should you. Identifying and preventing the latest threats to your business’s cybersecurity calls for constant vigilance. 
Reviewing 10 tax accounting methods for construction companiesConstruction companies can use various accounting methods for tax-reporting purposes. Here’s a handy review of 10 of the most widely used approaches. 
Putting accountability into practiceNonprofits that embrace accountability can generally expect improved collaboration and better outcomes. How can your organization put this abstract concept into practice? 
The audit is over. Now what?Audits are critical to reassuring financial supporters of your nonprofit’s fiscal responsibility. But the work doesn’t end when the auditor leaves. You need to review the audit report and possibly take action. |
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