If your nonprofit must cut costs, be careful not to slash funding for fraud prevention. Fraud losses can be devastating, and expenditures for cybersecurity and outsourced accounting are recommended.
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The One, Big, Beautiful Bill Act permanently makes advantageous changes to the federal gift and estate tax exemption amount. Here’s the story.
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Thinking of investing in, or restoring, a historic building for your business? The federal tax code may reward you with a tax credit. Here’s how it works.
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The One, Big, Beautiful Bill Act is now law. Here’s an overview of its key provisions.
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If you’re married and don’t work outside the home, can you contribute to a retirement plan? You may be eligible for a spousal IRA. Here are the rules for 2025.
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Don’t just stand by if your nonprofit’s members aren’t renewing or automatic monthly donors are dropping off. Give stakeholders reasons to support you even if they’re concerned about economic uncertainty.
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Can college financial aid trigger a tax bill? Here are the tax rules for scholarships, fellowships, tuition discounts, work-study programs and other types of financial aid.
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To help justify your business expenses, it’s important to keep careful business records. Here are some DOs and DON’Ts based on a recent court case.
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The deductibility of research and experimental expenses is limited for businesses. However, The One, Big, Beautiful Bill may significantly improve the deduction. Here’s the story.
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It’s a win-win: tax benefits for donors and financial support for your nonprofit. Learn why you need to talk to potential contributors about qualified charitable distributions.
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There are many hurdles to overcome in estate planning. They can include potential estate taxes, complex tax laws and a lengthy probate process, among other things. But the biggest obstacle is often self-imposed: procrastination.
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Are you 65 or older and paying Medicare premiums? You may qualify for a valuable tax break. Find out if it makes sense to itemize deductions and include medical expenses on your 2025 return.
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Curious how The One, Big, Beautiful Bill could affect taxes for you and your family? Here are seven key tax breaks in the bill and what they could mean for you.
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You’ve probably heard about The One, Big, Beautiful Bill in Congress. If enacted, what does it mean for your business?
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Discover how a living trust can help you avoid probate, protect your privacy and simplify the transfer of your assets.
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A consistent revenue stream is critical for your nonprofit’s short-term budgeting and its long-term sustainability. Take some tips from auditors and review your revenue now.
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Under the proposed One, Big, Beautiful Bill, the federal gift and estate tax exemption would permanently increase to $15 million and be indexed annually for inflation.
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The gig economy offers many benefits. It also comes with tax responsibilities that workers need to manage proactively to avoid penalties.
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How honest is your investment advisor? Nonprofits must be able to say, “very!” Investment fraud is on the rise and organizations need to protect themselves. Here’s how to go about it.
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Taking care of loved ones in your estate plan should include the four-legged variety. Here’s how to address your pets in your estate plan.
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