As financial institutions prepare for the next fiscal year, budgeting should encompass not only financial forecasting but also operational efficiency, compliance, and technology enhancements. Below are key areas to evaluate
Manufacturers are as varied as the products they make. They come in different sizes and specialties. When determining their value, there is no universal formula that applies. Instead, a business
For most employers today, the question isn’t which fringe benefits to sponsor for employees but which ones. Beyond the basics, such as health insurance and retirement plans, there are numerous
Public organizations are required to evaluate and report on internal controls over financial reporting using a recognized control framework under rules set forth by the Securities and Exchange Commission (SEC).
If your non-profit has investment income, dividends, interest, rents, and annuities, they’re generally excluded when calculating unrelated business income tax (UBIT). However, income from debt-financed property typically is taxable. To
Tax planning is only a small component of estate planning and usually not even the most important one for most people. The primary goal of estate planning is to protect
To help organizations maintain stability and profitability, they need to engage in some form of strategic planning. A recent survey by Travelers, an insurance giant, drives home this point. In
Electric vehicles (EVs) have become increasingly popular in today’s society. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was 7.6% in 2023,
Your organization probably has a disaster plan or a set of procedures for dealing with a fire, natural disaster, terrorist attack, or other emergency that could disrupt operations and threaten
With Labor Day behind us, it’s time to take proactive year-end tax planning steps that may help reduce your small business’ taxes for this year and next. The strategy of
