In the process of slashing expenses? Just be careful not to cut essential items, such as sufficient staffing to maintain strong internal controls, from your not-for-profit’s budget. Internal controls are…
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Comprehensive insurance coverage might seem like a luxury for many contractors. After all, you’re likely dealing with rising costs from supply chain uncertainties, tariff-impacted materials prices and a tight labor…
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Retirement planning is essential for all families, but it can be especially critical for couples where one spouse earns little to no income. In such cases, a spousal IRA can…
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It may be tempting to try to save money and perform your not-for-profit’s accounting tasks internally. But if your staff isn’t experienced and properly trained, mistakes are likely to occur…
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On July 4, 2025, the One Big Beautiful Bill Act (OBBB) was signed into law, a sweeping piece of tax and economic legislation that will have wide-ranging impacts on individuals,…
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On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBB). As promised, the tax portion of the 870-page bill extends…
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