The tax score of winning

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. ...
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Double-check the rules on spousal consent for 401(k) distributions

Some 401(k) plans require spousal consent whenever a participant takes a distribution. Others don’t require spousal consent for ...
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Keep nonprofit board meetings short and sweet

Whether your not-for-profit is continuing to hold videoconference board meetings or is back to in-person gatherings, you don’t ...
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Is a Health Savings Account right for you?

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. ...
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Employers: Will your health insurance be “affordable” in 2022?

In Revenue Procedure 2021-36, the IRS recently announced an important indexing adjustment related to the Affordable Care Act (ACA). ...
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Associations should prioritize common interests, not individual services

Watch out, nonprofit trade associations! If your group is a 501(c)(6) organization, your activities could potentially threaten your ...
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Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) – Treasury Provides Update on Final Rule

By: Hope Pendergrass, CPA The United States Department of Treasury (Treasury) has recently posted an update on the status ...
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Selling a home: Will you owe tax on the profit?

Many homeowners across the country have seen their home values increase recently. According to the National Association of ...
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Defining involuntarily termination for the ARPA COBRA subsidy

By now, most employers are aware of the 100% COBRA premium subsidy created under the American Rescue Plan ...
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Even nonprofits can benefit from AI technology

You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise ...
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Planning for year-end gifts with the gift tax annual exclusion

As we approach the holidays and the end of the year, many people may want to make gifts ...
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Shed light on your organization’s future with a shadow board

It’s unlikely that any employer — be it a for-profit business, nonprofit or some other kind of organization ...
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