In general, not-for-profits should work with professional financial advisors to ensure they’re complying with the IRS’s rules for tax-exempt organizations and effectively managing budgets, endowments and other financial functions. At…
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Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are going into effect under the…
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Your income statement indicates whether your business is profitable — but it doesn’t always explain why. For many small businesses, traditional cost accounting can mask where time and money are really…
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Cyberattacks may not feel like a core operational risk for construction businesses. However, as technology and even artificial intelligence become more integral to the building process, so do the related…
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It’s no secret that robust benefits can help not-for-profits attract and retain employees. One benefit you might not offer, but should consider, is a dependent care Flexible Spending Account (FSA).…
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The rules for charitable deductions will change starting in 2026, reducing the tax value of giving for high-income households. If you’re considering major charitable gifts, 2025 offers the last year under the…
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