On May 3rd, the IRS issued IR-2024-132, which provides general information in the form of frequently asked questions (FAQs), regarding…
Accounting
On April 23rd, the Department of Labor (DOL) published the final overtime rule update which updates overtime pay requirements under…
Strategic tax planning is an effective cost management tool that individual and business taxpayers rely on to annually optimize tax…
In December 2022, President Biden signed the SECURE 2.0 Retirement Savings Act (Act) into law. Passed as part of the…
Many nonprofits rely on financial reports to provide information about the organization’s financial vitality and as a basis to make…
Understanding and effectively managing restricted grants is crucial for financial sustainability and achieving organizational goals in the tax-exempt sector. These…
The Association of Certified Fraud Examiners (ACFE) recently released Occupational Fraud 2024: A Report to the Nations. It includes essential…
Maintaining the financial vitality of a charity is essential to delivering high-quality programming and services. A combination of effective fundraising,…
Most business owners and executives spend little time thinking about accounting until an issue arises. When financial reports are regularly…
In late 2022, Congress passed the SECURE 2.0 Retirement Savings Act, also known as the SECURE Act 2.0. The legislation…