Reviewed by Christopher Johnston, CPA, Partner If your not-for-profit is looking for significant ways to cut costs, one of the best ideas is to target your…read more

Tired of repetitive data entry? QuickBooks provides a way to save time and keystrokes when you create some transactions. We wrote last month about the…read more

One of the strongest predictors of a not-for-profit’s long-term survival is multiple revenue streams. Many organizations with only one or two found that out that…read more

Are you thinking about launching a business with some partners and wondering what type of entity to form? An S corporation may be the most…read more

Budgetary shortfalls may have your not-for-profit looking for new sources of support. If those sources are international, be careful. Activities such as soliciting donations, recruiting…read more

Accounting for contributions and grants has often proven complicated for not-for-profits, especially when they come with donor-imposed conditions. But 2018 guidance from the Financial Accounting…read more

Reviewed by Christopher Johnston, CPA, Partner The SECURE 2.0 Act made some enhancements to IRA qualified charitable distributions (QCDs) that may benefit your not-for-profit organization —…read more

Strategies for Leveraging Digitalization in Your Manufacturing Business We’ve all heard it by now—we live in a digital age. But what does that mean for…read more

If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages…read more

If you sell services to your customers, you’ll need to understand how to use QuickBooks’ time-tracking features. Small businesses that sell products have to do…read more

“Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” (Uniform Guidance) applies to all not-for-profits that accept federal funding. It has been updated…read more

Article Published Date: April 2, 2022 Kara Cline, a Director for EFPR Group, co-authored an article about Cannabis Taxes in New York State for NYSSCPA….read more