outsourcing HR tasks

4 HR tasks that you may want to outsource

For some employers, particularly small businesses, HR practices can evolve slowly and even haphazardly. This creates risk, as ...
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inheritance

5 good reasons to turn down an inheritance

You may use a qualified disclaimer to refuse a bequest from a loved one. Doing so will cause ...
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grants for nonprofits

Should your nonprofit accept that new grant?

Current financial pressures mean that your not-for-profit probably can’t afford to pass up offers of support. Yet you ...
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covid-19 nanny tax

More parents may owe “nanny tax” this year, due to COVID-19

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps ...
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financial results for a startup business

Forecasting financial results for a start-up business

There’s a bright side to today’s unprecedented market conditions: Agile people may discover opportunities to start new business ...
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affordable health insurance

Will your organization’s health insurance still be “affordable” next year?

The IRS recently announced 2021 indexing adjustments for some critical percentages under the Affordable Care Act (ACA). This ...
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covid-19 estate plan

Because of COVID-19, college-aged children need a basic estate plan

It’s August, and that means it’s time to get ready to go back to school for many students. ...
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codify nonprofits ethics

How to codify your nonprofit’s ethics

Does your not-for-profit have a code of ethical conduct? According to the Association of Certified Fraud Examiners, establishing ...
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employer provided life insurance

The tax implications of employer-provided life insurance

Does your employer provide you with group term life insurance? If so, and if the coverage is higher ...
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GASB 84 – Custodial Funds and School Districts

by James Bence, CPA Even though GASB has postponed the implementation of GASB 84 until periods beginning after ...
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IRS relief for midyear 401k contributions

IRS relief available for midyear contribution changes to safe harbor 401(k)s

In response to the COVID-19 crisis, the IRS recently issued Notice 2020-52. It offers sponsors of safe harbor 401(k) ...
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CAMS reporting during covid-19

Reporting CAMs in the COVID-19 era

Starting in 2019, auditors’ reports for certain public companies must contain a new element: critical audit matters (CAMs). ...
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