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It’s been almost a year since many not-for-profit organizations sent staffers home — to work remotely. For many nonprofits and employees, remote work has been…read more
If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the…read more
If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you…read more
In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of…read more
Since the beginning of the pandemic, financial markets have been riding a roller coaster. This volatility is a good reminder that if your nonprofit has…read more
There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign activities, receiving excessive unrelated business…read more
Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, you may be taxed on…read more
According to a recent survey conducted by fundraising platform FrontStream, the vast majority (87%) of Americans say they’re donating to charity in 2021. And almost…read more
We invite you to join us for a free presentation on the new tax reform. There continues to be a lot of speculation surrounding the…read more
Many not-for-profits have been too busy trying to stay afloat to put a lot of resources and energy into public relations. But as the new…read more
When professional auditors review a not-for-profit’s books, they usually spend significant time on revenue. Inadequate revenue — or revenue trending in the wrong direction —…read more
Sales tax venders in New York State can maintain books and records using the cash or accrual method. However, sellers are required to report any…read more
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