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News & Updates
External audits offer many benefits to nonprofits
Jul 20, 2020
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News
,
Non Profits
Your nonprofit organization may be required to hire an independent outside CPA to audit its books, depending on ...
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Zeros and ones: Estate planning for your digital assets and accounts
Jul 16, 2020
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News
,
Tax & Estate Planning
Nearly everyone owns at least some digital assets, such as online bank and brokerage accounts, bill-paying services, cloud-based ...
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To find new revenue opportunities, think like an auditor
Jul 15, 2020
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News
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Non Profits
Want to increase your not-for-profit’s revenue? First try analyzing current income as a professional auditor might. Then, you ...
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Conduct a “paycheck checkup” to make sure your withholding is adequate
Jul 14, 2020
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News
,
Tax & Estate Planning
Did you recently file your federal tax return and were surprised to find you owed money? You might ...
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IRS guidance on “coronavirus-related” retirement plan distributions
Jul 10, 2020
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Employer Benefits
,
News
In Notice 2020-50, the IRS recently provided guidance on “coronavirus-related distributions” from retirement plans under Section 2202 of the Coronavirus ...
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Reporting embedded leases
Jul 10, 2020
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News
In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major changes to how leases are ...
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Family matters: Estate planning considerations if you have adopted children or unadopted stepchildren
Jul 9, 2020
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News
,
Tax & Estate Planning
If you have adopted children or unadopted stepchildren, estate planning is critical to ensure that your property is ...
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An advisory board can complement your nonprofit’s board of directors
Jul 8, 2020
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News
,
Non Profits
Your not-for-profit has a board of directors — so why would it need an additional advisory board? There ...
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After you file your tax return: 3 issues to consider
Jul 7, 2020
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COVID-19
,
News
,
Tax & Estate Planning
The tax filing deadline for 2019 tax returns has been extended until July 15 this year, due to ...
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Accounting for cloud computing arrangements
Jul 6, 2020
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News
The costs to set up cloud computing services can be significant, and many companies would prefer not to ...
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IRS guidance provides RMD rollover relief
Jul 6, 2020
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COVID-19
,
News
The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among ...
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A win-win proposition: A CRT can benefit you and your favorite charity
Jul 6, 2020
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News
,
Non Profits
Are you a multitasker? If so, you may appreciate an estate planning technique that can convert assets into ...
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