The standard for valuing certain assets and liabilities under U.S. Generally Accepted Accounting Principles (GAAP) is “fair value.” This differs from other valuation [...]
Your not-for-profit’s ability to pursue its mission depends greatly on its financial health and integrity. If your nonprofit is growing and your executives [...]
Each year politicians at the Federal and State level are often torn between increasing taxes or cutting services. Although the Federal government has the [...]
When 401(k) plan participants are called to active duty, they often request to suspend their 401(k) plan loan repayments during their military leaves. [...]
The Employee Retirement Income Security Act (ERISA) covers both defined-benefit and defined-contribution retirement plans. If your organization offers its employees either, you may feel [...]
Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or other fixed assets. Although [...]
In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result. That’s the highest average organizational cost [...]
Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) must comply with the landmark new revenue recognition standard in 2019. Many private company [...]
Should My Retirement Planning Change After Tax Reform? As the Internal Revenue Service continues to forge ahead in writing regulations and opinions to help [...]
Does it really matter how perfect my accounting records are if I am only a small business? When most small business owners think of [...]