Nonprofit organizations rely on donor gifts to achieve their objectives. There are two kinds of gifts, restricted--that come with conditions attached; and unrestricted, that can be added to general operating funds and used where needed..
Have you ever wondered if leasing or buying equipment would be more tax efficient for your business? Recent changes to federal tax law and accounting rules could affect whether you make the decision to lease or buy equipment or other fixed assets.
Olsen Thielen is pleased to announce Magen M. Koepp was elected Principal of the firm, effective September 1, 2018. Magen is an Employee Benefit Plan Specialist and has ten years of experience in accounting, auditing and consulting.
As a business owner, if you are considering expanding your company, be sure to get your financial statements in order before asking for a business loan.
Olsen Thielen Principal, Michael Bromelkamp, is in the process of transitioning from his many responsibilities at Olsen Thielen after 25 years with the Firm.
For business owners, it is important to step back and regularly do a competitive business health assessment. Even a successful business can fall victim to changing market conditions or major disruptions in the industry if they are not paying attention.
Change is difficult and when change management benefits are carefully considered, a formal approach can minimize the negative fallout and increase the likelihood of achieving your desired change goals, whether it be something as drastic as a merger or as simple as a new software program.
An employee assistance program (EAP) is an employer sponsored program designed to assist employees in resolving personal problems, such as substance dependence, financial or legal woes, or mental health issues.
Up-to-date, accurate job descriptions form the foundation of every organization’s staffing efforts. Without clear, focused documentation of what each position does, you may struggle to hire and retain good employees
the organization — even when he or she isn’t on the job. However, whether you should take an adverse employment action (such as suspension or termination) against an employee for an outside-of-work incident is a delicate matter.
Retaining employees reduces substantial recruiting costs. Unfortunately, many employers still find themselves seemingly helpless to stop the random and sometimes constant departure of skilled workers. One way to diagnose the severity of your turnover trouble is to put a number on it.
From the world of entertainment to Capitol Hill, allegations of sexual harassment have disrupted the status quo and made headlines at a remarkable rate. Meanwhile, on social media, the #MeToo movement has sparked widespread discussion.
When employees steal, their colleagues are more likely to be aware of it than the managers in the executive suite, but they may be reluctant to “rat out” fellow workers.
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