Christopher Cole, Associate Director- Product Management and Development. Association of International Certified Professional Accountants. As auditors and management begin to prepare for June 30 year-end audits, it’s a good time to share some of the top concerns for not-for-profits this year. How can not-for-profits reassure donors that their contributions are in safe hands? What key […]
So you received the dreaded “nasty-gram” from the IRS. Here are some common sense steps that you should take that you may wish to save for that day. IRS Notice Response
Wrapping your head around the accounting standards changes on the horizon is no easy task—let alone figuring out which ones deserve the most attention. To help with this, I have highlighted five Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) that not-for-profit accounting professionals should consider prioritizing this year. The following updates have fast-approaching
5 Upcoming GAAP Changes Not-for-Profits Should Know Read More »
The IRS on Friday issued the 2017 inflation adjustments to the car-truck depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F. This year’s guidance includes figures for vehicles that are placed in service in 2017 and to which first-year bonus depreciation applies. For passenger automobiles (other than trucks or vans) placed in
Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. Who wants clever code bossing them around? But that future’s already arrived…
Thanks in part to their CPE requirements, CPAs often attend one or more conferences a year. Walking into a ballroom full of people you don’t know can be intimidating, though, especially if you’re an introvert…
How to make conference attendance pay off (Podcast) Read More »
As we prepare this list for all of our current members, we cannot help but feel like a pair of college football coaches rallying the team before the big game. So to everyone out there looking at their screen, we ask you to take a knee (figuratively) and lean in for a huddle…
The IRS issued final regulations (T.D. 9784) clarifying the definition of real property for purposes of the real estate investment trust (REIT) provisions…
Final Regulations Clarify Definition of Real Property for REITs Read More »
The tax breaks you receive in your retirement accounts don’t come for free. When you hit age 70 ½, you generally have to start withdrawing money from those accounts, even if you don’t want to…
4 ways to avoid a 50 percent hit to your retirement savings Read More »
Your job hunt is in the home stretch. Your prospective employer has your résumé, and you’ve completed the interviews. What’s next? Do you sit back and wait or follow up immediately? Is a handwritten note the best approach, or would an email or a phone call make more sense? Should you get creative or play it safe?