Do Not Be Afraid Of Probate
The word ‘probate’ may conjure images of lengthy delays waiting for wealth to be transferred and bitter disputes among family members. Plus, probate records are open to the public, so
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New Restructuring Rules May Reduce A Non-Profit’s Filing Burden
Is your non-profit thinking about merging or otherwise restructuring? Recently, the IRS made the process easier for some organizations. Revising old rules Under previous IRS rules, tax-exempt organizations were required
Look In The Mirror & Identify Your Company Culture
‘Company culture’ is a buzzword that has been around for a while, but your culture may never have mattered as much as it does in today’s transparency-driven business arena. Customers,
Practice ‘Situational Awareness’ When It Comes To Employees’ Wages
‘Situational awareness’ is a term used in the military and elsewhere to describe an individual’s ability to stay fully alert of all potential threats and resources in his or her
The Art & Science Of Goodwill Impairment Testing
Goodwill shows up on a company’s balance sheet when the company has been acquired in a business combination. It represents what is left over after the purchase price in a
Holiday Parties & Gifts Can Help Show Your Appreciation & Provide Tax Breaks
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude to employees and customers by giving
How Non-Profits Can Take Advantage Of Corporate Volunteers
According to the Society for Human Resource Management, 47 percent of companies offer a community volunteer program for employees. Chief Executives for Corporate Purpose has found that large companies are
What Lenders Look For In A Succession Plan
Business owners are urged to create succession plans for the good of their families and employees. But there is someone else who holds a key interest in the longevity of
Is Multicloud Computing Right For Your Business?
Cloud computing — storing data and accessing apps via the Internet — has been widely adopted by businesses across industry and size. Like many technological advances, though, new derivatives continue
How The European Union’s (EU) Data Protection Regulations Might Affect U.S. Non-Profits
Your non-profit may have paid little attention to the EU’s General Data Protection Regulation (GDPR), which took effect May 25, 2018. The GDPR revises standards for privacy rights, information security,