Congress has passed numerous tax breaks that are designed to encourage businesses with cash reserves sitting on the sidelines to invest some of those funds in equipment and improvements in 2011. ...
• What should I be looking for when I review my organization’s financial statements, and • What questions should I be asking of the management team?...
There are a variety of fundraising activities that nonprofit organizations employ to solicit contributions. These fundraising activities may include such things as direct mail, telephone solicitation, door-to-door canvassing, telethons, etc., and may include components that would otherwise be associated with programmatic or supporting service...
Given the ever-escalating cost of providing employee health care benefits, health savings accounts (HSAs) offer a tax-favorable way to set aside funds to meet future medical needs....
QuickBooks' standard reports are critical to understanding your company's past, present, and future. But the program also offers innovative tools that can make them significantly more insightful and comprehensive. ...
On June 15, 2011, the North Carolina General Assembly overrode the Governor’s veto and passed a new $19.7 billion budget bill. Included in the bill are two key changes to the way individuals calculate their NC personal income tax beginning in 2012. ...
There are two retirement plans that a business owner, that has no employees, can implement that can provide a significant deferral of income and taxes: 1) a Simple-IRA and 2) an Individual or Solo 401(k) Plan. ...
Next to payroll, paying bills is probably your least favorite task in QuickBooks. You don't have to use this feature – you can keep stacking bills on your desk, scrawling the due dates on a paper calendar, and writing checks....
The propriety of pay for board members serving tax-exempt organizations is in the news again. While not a new topic (it has been raised at any number of points in past years), the sentiments of some opposed to the practice has intensified....
