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3 Ways to Spring Clean Your Organization’s Financials
Who doesn’t love a good spring cleaning? The weather turns warmer, the sun sets later, and many of us are simply overcome with the urge to declutter and get things in order. Spring cleaning isn’t just for your house or other physical spaces, though. Organizations and businesses can apply spring cleaning principles to their financials…
Read More3 Reasons You’ll Be Thankful for Outsourcing Your Accounting
It’s the season of giving thanks and expressing gratitude! I always appreciate this holiday’s ability to offer us the opportunity to become more aware of all that we have to be thankful for and to express our gratitude more intentionally. We typically think of thankfulness in relation to our personal lives, but it extends to…
Read More3 Tips for Getting Your Nonprofit’s Finances Ready for Summer
The peonies are in full bloom, the weather is lovely, and I have taken my white capri pants from the back of my closet. That can mean only one thing, summer is close! There is nothing like the prospect of summer to bring a spring to our collective steps. Summer comes with the idea of…
Read MoreAccountant-Introvert-Blogger
This is the first blog post I write, fulfilling a mission of active blogging that has been encouraged by those in my office and imposed on me by the age of social media. I wondered though, how can I, accountant-introvert, contribute something meaningful to the social chatter? Can I train myself to speak to a…
Read MoreEmployees vs. Independent Contractors: The Trap for Employers
Should individuals providing services to your organization be classified as employees, or as independent contractors?
Read MoreGoodbye to GAAP?
With capital markets becoming increasingly intertwined and the world becoming flatter each day, an international set of accounting rules is rapidly becoming an essential financial tool.
Read MoreNon-Cash Donations
Take photos of those used clothes and household items you plan to donate to charity if you want to comply with the recently changed laws.
Read MoreGifts to Employees
We all want to reward an employee’s hard work but we cannot always give them the cash bonus they deserve.
Read MoreContinuity as a benefit of outsourcing
Your organization has reached the desired level of financial stability. Any change in a key staff poses a threat to that stability and disrupts the continuity that allows you to remain solid.
Read MoreEmployees Expense Reimbursements: Beware of IRS’s accountable plan requirement!
Any expense reimbursement to employees that fails to qualify under the accountable plan rules under the IRS guidance could be subject to employment taxes.
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