The tax-exempt status of a 501(c)(3) organization is its lifeblood. Without it, most not-for-profits couldn’t obtain the financial and other support they ...
6 Best Practices for Reducing Your Operating Costs
Jul 10, 2023All business owners know they need to keep a keen eye on operating expenses, especially during economically uncertain times. Even small savings can add up when ...
Ohio Enacts Bill Containing Favorable Tax Changes
Jul 06, 2023On July 3, 2023, Governor Mike DeWine signed into law House Bill 33, Ohio’s 2024-2025 biennial budget legislation. This new law includes changes that will aff...
Grow Your Business with Insights from a Clean & Optimized QuickBooks Account
Jul 06, 2023It’s easy to get sidetracked in the day-to-day demands of running a business and let your financial reporting processes take a back seat. When used to its ful...
10 Payroll Issues for Small Businesses
Jun 27, 2023You may not think of your small business’s payroll function as risky. But if you don’t properly handle certain payroll challenges, you may risk IRS ...
Benchmarking to Gauge Risk in Business Valuation
Jun 27, 2023Benchmarking — or comparing a company’s financials to those of industry peers and its own historical performance — can provide insight into future cas...
5 Benefits of Holistic Outsourced Accounting Services
Jun 26, 2023Financial insights are the foundation of a healthy, growing business. Yet many small and mid-sized businesses lack the visibility they need into the numbers beh...
How to Classify Information on the Statement of Cash Flows
Jun 24, 2023The statement of cash flows is arguably the most misunderstood and under-appreciated part of companies’ annual reports. But it can also provide valuable i...
Ins & Outs of Private Foundations
Jun 19, 2023The term “501(c)(3) organization” — which refers to the Internal Revenue Code section governing not-for-profit entities — often is used intercha...
Strategic Tax-Planning Q&As for Construction Businesses
Jun 17, 2023To maximize their tax savings, construction business owners need to plan year-round. Strategic tax planning is about not only knowing which credits and deductio...