Signs Your Nonprofit Needs to Update its ERP System and How to Find the Right Advisor for An Assessment

Updating your nonprofit’s ERP system is a decision that impacts efficiency, effectiveness, and the ability to fulfill your mission.

Issues Nonprofit Organizations Face While Growing

Understanding the reporting requirements an organization has to grantors, the IRS, and state agencies help an organization understand the need to stay in compliance.

The Path to Compliance Part Four: The Schedule of Expenditures of Federal Awards (SEFA)

Many financial professionals struggle to understand and apply the various compliance requirements the federal government imposes on grant recipients.

IRS Gives Taxpayers a Mulligan on Improper Application of Master’s Rule

IRS interest and win in this Court Case is relevant as it may signal IRS’ potential intent to change the 14-day rule by applying some limits or even repealing it altogether.

The True Cost of Employee Turnover Might Cost Skilled Nursing Facilities Even More

CMS has recognized nursing staff turnover as a quality issue, and it will affect future reimbursement.

CMS Skilled Nursing Facilities Final Rule FY 2024 Summary

The purpose of the final rule CMS 1779-F is to allow the CMS to shift resources to the appropriate areas, such as oversight, enforcement activities, and nursing home compliance.

Tax Consequences of Using Simple Agreements for Future Equity (SAFEs) in Venture Deals

For investors, SAFEs provide access to high-growth startups along with future discount and cap advantages.

SEC Proposed Safeguarding Rule – Privately Offered Securities Exception

The SEC unveiled a proposed Safeguarding Rule, which could be a game-changer for investment advisers and service providers of private funds.

Alternative Investment Funds: A Guide to Your First Financial Statement Audit

The financial statement audit can be a powerful tool to refine your financial reporting process and enhance account and entity-level controls.

New Tax Rules and the Digital IRS: A Blueprint for Small Business Owners

The constantly evolving tax climate, reflecting the larger shifts in the economy and society, calls for agility and strategic foresight for small business owners.

Your Favorite Hobby Doesn’t Get Favorable Tax Treatment

The IRS regulations state that the hobby loss rules won't apply if the facts and circumstances show you have a profit-making objective.

The Post-Wayfair Landscape: How States are Reshaping Income and Sales Tax Laws

Even in states that haven’t adopted factor-based nexus standards, businesses should be aware that Wayfair has emboldened states to become more aggressive in asserting nexus.

AI in the DOR: State Tax Departments Ponder Use of Artificial Intelligence

Planning for Disruption: Supply Chain Strategy for Small-to-Mid-Size Businesses

While Americans celebrated Independence Day, Canada's business community struggled to cope with a dock workers’ strike that left an estimated $12 billion in trade temporarily stranded off the ports of Vancouver and Prince Rupert, two of the country’s busiest maritime gateways.

Sell-Side Quality of Earnings: A Critical Part of Due Diligence

Learn the importance of a QofE analysis and why it should be a top priority for business owners looking to sell.