Sometimes donors ask for their money back. Must your nonprofit comply? It depends on several factors. But the best defense against these requests is an effective offense: Create a gift refund policy.
Estimating is among the most important areas of proficiency for any construction business. Here are 10 ways to potentially improve your company’s estimates.
Trust tends to be the biggest potential fraud weakness for nonprofits. But by beefing up certain internal controls, you can continue to operate like a happy family and still reduce employee-perpetrated fraud.
Updated rules have been approved that will require more detailed disclosures on income taxes to help stakeholders better understand your company’s tax position. Here’s what you should know.
Construction business owners: Does your company substantially contribute to the design of government-funded projects? If so, you may be able to claim a valuable tax deduction.
Although there are potentially a few disadvantages to board term limits, they generally benefit nonprofits. Read on for more about how term limits can promote diversity and cooperation.
Good news: Companies that invest in or exchange cryptocurrency assets will soon be allowed to report them at fair value, rather than under the accounting rules for intangible assets. Here’s what you should know about the new crypto standard.
Aggressive marketing to ineligible applicants highlights unacceptable risk to businesses and the tax system
Business owners: If you don’t make time for strategic planning, competitors may get the better of you. Let’s discuss some ways to ensure your meetings are productive.
Nonprofits whose states or municipalities have passed pay transparency laws must comply by, for example, revealing salary ranges in job postings. But even if you’re not required to, consider adopting these practices.
The accounting rules for reporting income from long-term contracts for book and tax purposes can be confusing. Here’s a brief overview of the accounting rules.
The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.