Whether it be flood, fire or other disaster striking, your individual and business records are vital to getting back on your feet. One of the best methods to minimize damage is to have a backup set of records, preferably in the electronic form....
Recently, the IRS has expanded correspondence examinations of individual tax returns. What is a correspondence examination? ...
Over the past fifteen years, there has been more pressure on nonprofits to conform to the expectation set by stakeholders to keep overhead expenses (supporting services activities) down and therefore maximize the use of unrestricted and temporarily restricted funds that can be used on programmatic...
Data entry and modifications in QuickBooks can be tedious. Beginning with QuickBooks 2010 Pro Edition and above, that job got a lot easier....
Is the housing market affecting your decision to move? Many have delayed moving in the hopes that the housing market will recover. Unfortunately, some have the need to move and are saddled with a home that they cannot sell. One way people...
Because the IRS believes it can collect a lot of taxes, it is going to select 500 nonprofit organizations for payroll audits in each of the next three years (as well as a high number of for-profit companies)....
The North Carolina general sales and use tax rate is scheduled to decrease from 5.75% to 4.75% on July 1, 2011. As a result, 82 counties in North Carolina will have a combined state and county tax rate of 6.75% with 17 other counties...
We are now approaching the third year of the redesigned form 990 with its 14 new lettered schedules....
