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Wholesale/Distribution

Give the People What They Want Technology has made it easier, faster, and more affordable than ever for people to buy the things they need. But technology is a mixed blessing for many wholesale & distribution companies. It’s accelerated their already fast-paced industry. It’s also helped create new competition. Major

President Trump Signs the CARES Act: Phase Three Coronavirus Relief

On March 27, 2020, the President signed the $2.2 trillion Coronavirus, Aid, Relief, and Economic Security (CARES) Act.  Listed below are the tax highlights of the legislation. For individuals Recovery checks for individuals Each individual with income under $75,000 single or $150,000 for married filing joint, will receive a check

Why LIFO Might Be the Smart Move for Auto Dealerships Right Now

Inventory level issues have impacted automobile dealerships at a historic rate – not only new vehicles for sale, but also used ones available. And yet dealerships are seeing record profit levels thanks to creative new ideas and strategic business practices. One key idea that auto dealerships should consider now is

Healthcare

Keeping Your Organization as Healthy as Your Patients You may be more passionate about helping those in need than about the bottom line. But not-for-profit healthcare organizations are complex, and the financial operations are critical to maintaining your good work – it takes significant time, funding, and manpower to fulfill

Education

Watching Out for Your Future as You Prepare Them for Theirs You didn’t get into education to run security checks on data systems, manage budgets, or prepare organizational tax returns. But if you’ve worked your way up into administration at a public or private not-for-profit school, those things are likely

Religious Organizations

Faith in Your Future As a religious organization leader, your faith and your mission come first. But your financials are a critical priority as well. You’re accountable to supporters and the congregation. You rely on their generosity. And they want to know how you’re using their gifts for the betterment

Buyer Beware…The ERTC Is Ripe for Fraud and the IRS is on Alert

During the height of COVID-19, Congress passed several significant Acts to help businesses and non-profits retain their employees.  Two major programs emerged from that massive action: the Paycheck Protection Program (PPP) and the Employee Retention Tax Credit (ERTC). Both were instrumental in encouraging organizations to keep people on their payrolls

Affordable Housing

Help Navigating the Highly Regulated Affordable Housing Industry Are you a private developer or a not-for-profit organization looking to bring affordable housing to a community? It’s pretty likely that you’ve run into the overwhelming complexities that are the U.S. Department of Housing and Urban Development (HUD) and the IRS through

SECURE Act Makes Improvements to Nation’s Retirement Policy

Final legislation enacted December 20, 2019 included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which consists the most updates to retirement legislation in over a decade.  Many of the provisions aim to encourage more Americans to improve their retirement savings.  And while many of the changes offer

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