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Risk Mitigation

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Article

January 26, 2023Trends in Cybersecurity: Key Insights from Not-For-Profit Organizations

How does your nonprofit organization’s cybersecurity compare to others in New England?

Article

January 18, 2023The Right Way to Manage Risk in a Recession? Don’t Overreact

An uncertain economy can throw your business in flux. Use these measuresto help your business effectively manage risk.

Article

January 16, 2023Shakeups in Leadership: Downstream Impacts & Steps to Take

Leadership transition can open your company to cybersecurity risks. Usethese strategies to avoid pitfalls during transition.

Planning & Tax Minimization

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Article

January 30, 2023Don't Cut R&D During a Downturn: How Investing in Innovation Can Help Your Organization Prosper

In this article, we'll shed light on why R&D is a smartinvestment during a recession and how companies can navigate the R&Dlandscape to come out on top.

Article

January 30, 2023Looking Forward to 2023: A Recap of 2022 for Professional Services Firms

With 2023 officially in full swing, we thought it would be helpful to look back at 2022’s trends, such as taxes, tax advantages and inflation.

Article

January 27, 2023Have Remote Workers? Here are Tax Considerations Nonprofits Should Keep in Mind

Tax regs. are complicated with not-for-profit orgs taking advantage of the remote worker pool. Here are the top considerations.

Employee Management

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Article

January 27, 2023Thinking Ahead: How Nonprofits Can Successfully Tackle Knowledge Retention and Succession Planning

Historical and institutional knowledge is a crucial part of succession planning for not-for-profits. Use these steps to implement a smooth and successful transition.

Article

January 27, 20235 Ways to Attract Young Donors to Your Not-for-Profit Organization

Baby boomers contribute 43% of all charitable donations in the U.S., and as this demographic ages, attracting younger donors to your not-for-profit organization is crucial to its long-term success.

Article

January 26, 2023Career Transition Services: A Powerful Tool Amid Recessionary Times

In November of 2022, U.S.-based employers reported 76,835 layoffs — 129% above the 19,052 reported cuts announced in the same month of the prior year. Significant amounts of displaced employees coupled with a lowered economic output is a significant indicator of one big thing — a recession. The pressure this creates for organizations to weather whatever the economic downturn throws their way is tremendous, making the fact that only 29% of companies have a formal exit management plan in place alarming.

Regulatory, Compliance, & Legislative

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Article

January 30, 2023 New GOP House Rules Would Make Raising Taxes Harder

New rules from House Republicans that govern floor debate ontax bills, such as restricting measures that raise income tax rates orrequiring more specific cost estimates, reflect new GOP priorities intended toclamp down on spending hikes, tax increases and IRS audits.

Article

January 17, 2023 Final Regulations Clarify Special Enforcement Matters for Partnership Audit Rules

On Dec. 8, the IRS released final regulations affecting special enforcement matters that involve the centralized partnership audit rules, including clarifications about scenarios when those rules do not apply.

Article

January 16, 2023 Unclaimed Property and Spring Reporting Due Dates Beginning March 1

Unclaimed property refers to certain types of “intangible property” (such as uncashed checks, securities, refunds, customer overpayments, etc.) that a business owes to its employees, customers, vendors, creditors, or shareholders where there has been no activity/contact with the owner of the property for a specified period of time (“dormancy period”).