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Nonprofits: Outsourcing HR could save time and money
Is your nonprofit’s HR staff stretched thin? It’s hard, especially for small teams, to do everything required. Outsourcing some HR functions to external professionals could help.
News & Insights![]() Nonprofits: Outsourcing HR could save time and moneyIs your nonprofit’s HR staff stretched thin? It’s hard, especially for small teams, to do everything required. Outsourcing some HR functions to external professionals could help. ![]() Reporting UTPs on your financial statementsShould your company report tax positions taken (or to be taken) on tax returns before they’re resolved with the tax authorities? Here’s an overview of the accounting rules for uncertain tax positions under U.S. GAAP. ![]() 4 ways to reduce volunteer riskWhat would happen if one of your nonprofit’s volunteers harmed someone while volunteering for you? No matter how much you prize them, volunteers present litigation risks. We recommend four best practices.. ![]() Check your construction company’s vital signs with KPIsConstruction business owners, don’t fear the data! Choose and use the right key performance indicators to monitor your company’s performance. ![]() Selecting a qualified auditor for your employee benefit planNot every CPA is qualified to audit employee benefit plans. Here’s how to pick the right auditor for your plan. ![]() Nonprofits: Special events call for tax planningNonprofits need to incorporate tax planning into their special event preparations. Whether you’re hosting a formal dinner, 5K run or multi-speaker conference, tracking revenue and expenses is critical. ![]() Be smart when accepting cryptocurrency donationsMost nonprofits benefit when they accept donations from supporters in whatever form they want. So if you don’t yet accept cryptocurrency, what are you waiting for? ![]() Strong billing processes are critical to healthy cash flowBusiness owners: Cash flow is the lifeblood of a successful company, and your billing processes have a huge impact on it. Make sure you’re not taking billing for granted ![]() Receivables: Quality countsDon’t take accounts receivable at face value. Here’s how to evaluate the quality of receivables. ![]() Turning receivables into cashCollecting cash from customers takes time and patience. To bridge the cash gap, consider these creative strategies to monetize outstanding receivables. ![]() Solo business owner? There’s a 401(k) for thatSelf-employed people: Your business (that is, you) can sponsor a retirement plan just like any other employer. Here’s what you need to know about a solo 401(k). ![]() Why some small businesses are switching to tax-basis reportingAre you fed up with all the recent accounting rule changes? For many private companies, the new lease standard that went into effect in 2022 was the last straw. Here’s an alternative reporting framework to consider. |
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