The annual non-profit Leadership Summit is always a highly anticipated event, and that was especially true in 2021. The summit, presented by Barnes Dennig, The Leadership Council for Non-Profits, and the Association of Fundraising professionals, hosted renowned speaker and author Sheri Chaney Jones as its keynote speaker. The founder and
Many companies have had to make very difficult employment decisions during 2020. Those that were fortunate enough to receive a Paycheck Protection Program (PPP) loan may have been able to defer employment reductions in the short term. Unfortunately, for many businesses, the COVID-19 environment has lasted longer than the PPP
We know that many not-for-profit leaders wear multiple hats. You’ve got the strategy, the mission, and the vision set. But to grow the organization, you need to know the ins and outs of running a business, too. That’s why Barnes Dennig and Impact 100 hosted this 1-hour session on tax,
Recently, businesses and trade associations led by the Ohio Society of CPAs (OSCPA) sent a letter to Ohio’s Congressional Delegation regarding the issues surrounding 2020 Ohio Bureau of Workers Compensation (BWC) Dividends, expressing concerns about their potential unintended impact on businesses. Requested Exclusion for PPP Loan and ERTC The letter
What’s a business worth? In the eyes of its founder, a business may be priceless. But there are times that call for a more accurate number from an objective point of view. Not just when you’re buying or selling, but also when you’re setting shareholder value, gifting shares to family
Foreign currency translation and hedging is one of the most challenging areas of accounting – whether you’re working with the Euro, the Pound Sterling, the Yen, or the Brazilian Real. You aren’t alone if you find the accounting rules governing foreign currencies hard to understand and difficult to apply. That’s
Steps to Help Not-for-Profits Scrutinize their Revenues for Impact from Recent Accounting Standards The time has come for many not-for-profits to incorporate ASC 606 Revenue from Contracts with Customers in their GAAP financial statements. This overhaul to the model of recognizing revenue with customers has left many questioning what funding
Data breaches are a constantly increasing threat, and have already caused serious issues for companies, government agencies, and individuals when their data has been stolen. These attacks have been occurring with increased regularity. In 2020 alone, there were reportedly 1001 data breach cases in the United States, with 155.8 million
The Inflation Reduction Act (IRA), signed into law by President Biden in August 2022, is designed to help fight inflation, increase investment in domestic manufacturing and energy production, lower prescription drug prices, and sharply reduce carbon emissions by 2030. It also included new and expanded tax incentives designed to reward
Deadline Extended to August 7, 2020 The Wholesale / Distribution Compensation, Benefits, and Benchmarking Study is officially open for participation, with new benefits and incentives for participants. This comprehensive study is conducted every other year and provides invaluable benchmarking metrics to regional companies that operate in the Wholesale/Distribution industry, helping
Avoiding Hefty Tax Penalties on Foreign Returns Tax time is especially complex when you operate or earn revenue in more than one country. And getting it right is critical, because mistakes could be quite costly. Fail to turn in a complete and accurate foreign information return on time and you’ll