Guidance Issued For Employer Emergency Savings Accounts
Employers have long helped employees with retirement savings and making sure that they have insurance, however there is an immediate need for money in case of financial emergencies. To address
Employers have long helped employees with retirement savings and making sure that they have insurance, however there is an immediate need for money in case of financial emergencies. To address
Financial statements are critical to know how well your organization is doing financially. In addition to helping management make organizational decisions, end-of-year financial statements may be required by investor or
The U.S Department of Labor (DOL) has changed its rules for deciding if someone is an independent contractor or an employee under the Fair Labor Standards Act (FLSA). These rules
April 15th is an important day for taxes! Not only is it the deadline to file a 2023 income tax return and pay any taxes due, but it’s also the
Even if your non-profit organization rarely needs to reimburse staffers, board members, or volunteers, there still may be times that reimbursement requests appear. Do you know how to handle these
Many organizations need external funding to either launch or expand. Often, they can obtain the needed capital through commercial loans or other lenders. If you and your organization’s leaders believe
Since college is so expensive, many parents begin saving for their children’s education with 529 plans when they’re babies. However, 529 contributions aren’t tax deductible, but they grow each year
If you’re looking to withdraw cash from your organization at a low tax cost, the easiest way is to give out cash as a dividend. Remember, a dividend isn’t the
Operating your organization across multiple locations poses unique challenges in regard to fraud loss and prevention. You can’t be everywhere at once, so monitoring becomes increasingly difficult with each additional
In the wake of unprecedented economic challenges posed by the COVID-19 pandemic, the IRS has implemented various relief measures to support businesses and organizations. One such initiative is the Employee