Most non-profit board members are unpaid volunteers. They have agreed to serve because they care about your mission and the impact your organization is making. You owe it to them to make the job as easy as possible — starting with well-organized board meetings that...
As teachers head back for a new school year, they often pay for various expenses for which they do not receive reimbursement. Fortunately, they may be able to deduct them on their tax returns. However, there are limits on this special deduction, and some expenses...
Even if you have not heard much about it lately, know this: health care fraud is alive and well in the United States. Here is a roundup of recent stats, law enforcement initiatives, common fraud schemes, and how you can help prevent these crimes. Just the...
The IRS recently issued final regulations that permit employers to voluntarily truncate employee SSNs on copies of IRS Forms W-2 furnished to employees. The purpose of the regulations is to aid employers’ efforts in protecting workers from identity theft. Proposals & comments On September 20, 2017, the...
The average company’s balance sheet understates its value by 80 percent, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership Council. Why? Intangible assets are not recorded on the balance sheet under U.S. Generally Accepted Accounting Principles (GAAP), unless they are acquired from a...
You may think that only large, well-endowed non-profits require the advice of an investment manager. But even smaller non-profits with modest endowments — particularly smaller non-profits that do not have in-house financial expertise — can benefit from hiring an investment professional. Finding qualified candidates Finding the right...
Among the fastest ways for a business to fail is because of mismanagement or malfeasance by ownership. On the other hand, among the slowest ways is an ineffective or dysfunctional sales department. Companies suffering from this malady may maintain just enough sales to stay afloat for...
If you are like many people, you have worked hard to accumulate a large nest egg in your traditional IRA (including a Simplified Employee Pension-IRA). It is even more critical to carefully plan for withdrawals from these retirement-savings vehicles. Knowing the fine points of the IRA...
When the value of a stock skyrockets, its investors may think they have hit the jackpot, but if the stock in question is part of a ‘pump-and-dump’ scheme, investors may, in fact, lose their shirts. Here is how to avoid getting taken by this type...
Workplace accidents are often caused by human error, not faulty equipment. Typically, if an employee has an unsafe attitude, their job performance will become careless and a mishap (large or small) will soon follow. “Unsafe” does not necessarily mean “on purpose,” and “attitude” does not necessarily...