How the Size of Your Workforce Affect...
Two parts of the Affordable Care Act apply only to applicable large employers. These are the employer shared...
Sorting through the “levels of assura...
How confident (or assured) are you that your financial reports are reliable, timely and relevant? In order of...
Don’t Gamble With Your Taxes
Have you been lucky at the track, or won a nice raffle prize? Did your numbers hit in the lottery? Or maybe you...
Keep current internal controls for yo...
Your nonprofit’s internal controls are strong only if they’re current. So perform a risk assessment every time you...
4 Tax Implications to Keep in Mind When Donat...
posted on: Aug 31, 2016 | author: GS Editor
Did you know that the estate of director John Hughes donated the family’s Illinois mansion to a nonprofit hospital? After allowing another charity...
Divorce and Your Taxes
posted on: Aug 29, 2016 | author: GS Editor
If you are divorcing or recently divorced, taxes may be the last thing on your mind. However, these events can have a big impact on your wallet....
Cause Marketing For Your Nonprofit
posted on: Aug 26, 2016 | author: Irene Valverde
Although corporations and not-for-profits have been teaming up for decades, “cause marketing” partnerships have recently gained new popularity....
Use caution if you and your spouse have simil...
posted on: Aug 24, 2016 | author: GS Editor
When spouses have similar irrevocable trusts for each other’s benefit, they can be subject to the “reciprocal trust” doctrine. It prohibits tax...
Mortgage Interest Deduction for Unmarried Cou...
posted on: Aug 22, 2016 | author: GS Editor
Last year’s decision by the U.S. Court of Appeals has created new tax planning opportunities for unmarried couples. The IRS position had been that...
IRS proposed regulations target gift and esta...
posted on: Aug 19, 2016 | author: GS Editor
The IRS has released proposed regulations that would close so-called tax loopholes that many wealthy taxpayers have used to minimize transfer taxes...
The Cost of Olympic Gold
posted on: Aug 17, 2016 | author: GS Editor
As the world is struck by Olympic fever, we stand in awe of the commitment these athletes have made to become the best of the best. Have you ever...
Could merging make your nonprofit twice as ef...
posted on: Aug 15, 2016 | author: GS Editor
If your not-for-profit is struggling and other organizations provide similar services in your community, you may want to consider a merger. Teaming...