Understanding how taxes factor into an M&A transaction
04/14/2019
Merger and acquisition activity has been brisk in recent years. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will […]
Accounting News
Writing a winning grant proposal
04/13/2019
Competition is as fierce as it has ever been for private and public grants to not-for-profits. If your funding model depends on receiving adequate grant money, you can’t afford to […]
Accounting News
When are LLC members subject to self-employment tax?
04/9/2019
Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services in the form of guaranteed payments — aren’t subject to […]
Accounting News
Will leasing equipment or buying it be more tax efficient for your business?
03/29/2019
Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or other fixed assets. Although there’s no universal “right” choice, many […]
Accounting News
How materiality is established in an audit or a review
03/26/2018
When accountants conduct an audit or review, they can’t test every transaction. Instead, they set a “materiality” threshold. This benchmark is used to obtain reasonable assurance in an audit — […]
Accounting News
Don’t let donor fatigue erode support for your nonprofit
02/8/2018
After a flurry of year-end fundraising, you and your not-for-profit’s staff are probably ready for a little break. Your supporters may be tired, too. At some point, even the most […]
Accounting News Tax Tips
What you need to know about the Equifax Data Breach
10/6/2017
Background: What is Equifax? Equifax is one of three major U.S. credit reporting bureaus. The other two are TransUnion and Experian. There is also a smaller, less well-known credit-reporting agency […]
