Don’t let IRS compliance issues drag down your nonprofit

In recent years, the IRS has increased its scrutiny of tax-exempt organizations. Most not-for-profits that fail to file ...
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Assessing lost business value as a source of economic damages

The survival of many companies depends on relationships between key customers or vendors (or both). When one of ...
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Addressing neurodiversity in hiring and employment

As many employers look to implement and improve diversity, equity and inclusion (DEI) programs, their focus tends to ...
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Payable-on-death accounts require careful coordination with your estate plan

Payable-on-death (POD) accounts can provide a quick, simple and inexpensive way to transfer assets outside of probate. They ...
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Is Your Educational Institution in Compliance with the Safeguards Rule?

By: Jon Schultz, CPA, and Kimberly Haynes, CPA Final regulations for the Federal Trade Commission’s amended Standards for ...
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Joining forces with another nonprofit

A merger may seem like something that happens in the corporate world, where companies often combine to expand ...
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IRS Suspends Processing of ERTC Claims

In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed ...
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IRS Issues Guidance on New Retirement Catch-Up Contribution Rules

In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, ...
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Are you considering moving to a new state to minimize estate tax?

With the gift and estate tax exemption amount at $12.92 million for 2023, only a small percentage of ...
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10 ways construction companies can tighten up their estimates

Accurate estimates are at the heart of every construction company’s financial success. They provide your team with a ...
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Casualty loss tax deductions may help disaster victims in certain cases

This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. No matter ...
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ESOP valuations under increased IRS scrutiny

An employee stock ownership plan (ESOP) can facilitate the transfer of a business to the owner’s children or ...
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