Not-for-Profit

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Employer-Matching Retirement Contributions for Student Loan Payments

Did you know you can now match student loan payments with retirement contributions? Find out how this change can make your benefits package more competitive and appealing.
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Smart Year-End Tax Moves for Businesses

Year-end tax moves can help small business owners face crucial tax planning decisions that can impact their financial health. This article offers strategic insights to optimize your tax position before ringing in the new year.
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IRS Releases Inflation Adjustments for 2025

The IRS has announced significant inflation adjustments for the 2025 tax year, impacting standard deductions, income tax brackets, and various tax credits. Discover how the updates could affect your tax strategy and financial future.
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Does Your Business Need to Report Employee Health Coverage

One crucial aspect of offering employee health coverage is understanding the reporting requirements of federal agencies such as the IRS. Does your business have to comply, and if so, what must you do?
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2025 401(k) Limit Increases

The IRS announced the 2025 401(k) limit increases and issued technical guidance on cost of living adjustments. Read more the see how these increases could affect you.
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Is an IRS Audit in Your Future?

Many IRS audits are routine. However, taking a meticulous, proactive approach to tracking, documenting and filing your company’s tax-related information will make an audit more manageable if your business is selected.
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2025 Social Security Wage Base Increase

The 2025 Social Security wage base increase was recently announced by the Social Security Administration. The threshold will increase to $176,100, up from $168,600 in 2024.
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Handling NonProfit Pledges

Your nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly.
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Bad Debt Deductions for Businesses

Struggling with uncollectible debts? This article explains how to manage bad debts, including how to report them, track allowances, and handle unexpected repayments—all while staying compliant with tax rules.
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NFP Boards Should Evolve

Much like the nonprofits they support, NFP boards should evolve over time. Learn what nonprofit boards typically look like at different stages of an organization’s life.
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Timeframe for IRS audits

Ever wondered how long you could be subject to an IRS audit? Understanding the timeframe for IRS audits, the statute of limitations, and the circumstances that may extend this period is crucial for maintaining proper tax records and ensuring compliance.
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Corporate Estimated Tax

You want your business to pay the minimum estimated tax amount without triggering a penalty for underpayment. Keep in mind that the next payment deadline is September 16, 2024.
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Not-for-Profit Excess Benefit Transactions

Not only must your nonprofit avoid excess benefit transactions, but it also must prevent the appearance of private inurement to insiders. The repercussions can be serious.
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Financial Mistakes Startups Should Avoid

Launching a startup is an exciting venture, but it's easy to overlook some crucial financial aspects. Financial mistakes can make or break your startup's success. Learn how to avoid these common pitfalls and build a thriving business.
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Employee Retention Credit Processing

The IRS is making significant strides in processing Employee Retention Credit claims. Gain a deeper understanding of these recent updates and their implications for your business.
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