According to the Education Data Initiative, the average cost of college isaround $38,000per student per year, including books, supplies, and daily living expenses. Many parents may turn to a...
After more than four years of increased interest rates, the Federal Reserve (the “Fed”) recently made a small rate cut, stating that more interest rate cuts may be coming soon. The Fed’s authority to...
Charitable organizations can take advantage of provisions in the tax code that exempt them from federal income tax and other types of tax obligations. This leaves charitable organizations free to...
The Financial Accounting Standards Board (FASB) routinely updates its standards on a variety of issues. Controllers, accountants and others must remain updated on the latest developments to make sure...
Attracting and retaining top talent in today's competitive job market requires innovative benefits. Today's employers are constantly looking for ways to offer workers more competitive benefits...
Tracking and managing finances is incredibly important for any organization—even a nonprofit one. Part of minding finances as a nonprofit is engaging in effective cash management. Fortunately, there...
Although it may seem like tax season only just ended, the end of summer is an ideal time for taxpayers to review their own income and withholding for the upcoming tax year. All too often, taxpayers...
Nonprofit organizations with 501(c)(3) status may be exempt from federal (and possibly state) income taxes. However, this does not mean that these organizations cannot be audited by the Internal...
When manufacturing companies optimize their processes, it is a win-win proposition for the Company and the consumer. In addition, adoption of robotics can increase workplace safety for employees by...
It is very common for families to pay for the costs associated with caring for children, family members and other dependents. However, there are plenty of tax deductions, credits, and other...