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As the conclusion to 2016 quickly approaches many business owners begin taking steps to sensibly lower their 2016 tax bill. December 31st can be as impactful a day for businesses as April 15th is to common tax payers as this marks the deadline for businesses trying to reduce what they owe for their 2016 income tax returns.[…]
Read MoreAccounting is a necessary component for running a financially sound nonprofit organization. Without it, a not-for-profit can find themselves in financial trouble very quickly, or worse, in trouble with the IRS. It’s imperative that their accounting department or accounting firm stay organized and up-to-date with, not only the daily business, but with the changes to[…]
Read MoreIn today’s day and age, nonprofit organizations have become avenues of real change in the world. Whether it be for religion, charitable contributions, or foundations for fighting disease, today’s nonprofits tackle issues that others can’t or won’t do, to bring about real change in the world and make a significant difference. Nonprofit organizations provide[…]
Read MoreThere’s no way to plan for a disaster, but did you know that the tax code will allow you to claim certain tax deductions for household damage due to hurricanes, floods, thefts, and vandalism? Obviously, good records will need to be kept and more paperwork necessary to fill out, but in most instances you’ll be[…]
Read MoreAs the last quarter of the year has begun and the end of the year quickly approaches, now is a good time for people to think about getting their bookkeeping and receipts in order for the coming tax returns season. The reason you want to begin preparing now is because most people have the tendency[…]
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