Most charitable volunteers don’t think about potential legal and tax liabilities resulting from their volunteer activities. As a nonprofit leader, it’s your responsibility to ensure they never have to worry about such risks.
Stakeholders want accurate, transparent information about your organization’s financial performance. It’s up to you to supply them with information they fully understand to make informed decisions.
Construction projects don’t all look the same nowadays. One increasingly popular approach is offsite construction, and these jobs present distinctive project management challenges.
If you’ve inherited an IRA, you need to know about the latest IRS guidance.
The IRS has issued final regulations regarding inherited IRAs and other defined contribution plans.
Self-funded health insurance plans are a viable fringe benefit offering for some businesses. But it’s important to explore all the details first, including stop-loss coverage.
The IRS has offered guidance regarding the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.
Business owners: If your company is struggling, it may be time to consider a pivot strategy. Here are some reasons other companies have pivoted.
Does your nonprofit train staffers and other stakeholders on how to recognize and report fraud? If not, you may risk financial losses you can’t afford. We urge you to implement these internal controls.
For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. What can your company do to lower its inventory carrying costs?
Prospective nonprofit board members commonly cite time constraints as a reason not to join. The same goes for current members who resign. Make it easier for qualified individuals to focus their talents with committee work.
Disaster-relief charities have long contended with sudden influxes of attention and donations. But any nonprofit could face this “problem.” Be sure to prepare for logistical and other challenges.