The best way to improve anything is to track progress to provides a direct comparison from the past to the present. Creating a budget or a spending plan is no different. Tracking where your money is coming in and going out is the best way to measure your current financial
If the thought of a cybersecurity breach in your K-12 school system fills you with existential dread, you’re not alone. The potential negative impact is very high – potential exposure of personally identifiable information (PII), disruption of education and other critical operations, and the possibility of high recovery costs and
By now, you’ve likely heard about the fractional CFO model – you’re reading this post, after all. And you may be wondering if the fractional model is right for your organization. (The fractional model also includes other accounting roles, including VP of Accounting, Controller, and Accounting Manager – but that’s
First, the Big Picture In 2017, the Tax Cuts and Jobs Act (TCJA) made a significant change in a taxpayer’s ability to defer gain under the like-kind exchange rules of Code Section 1031 – including narrowing the applicability of section 1031 to an exchange of real property. That property had
In part 2 of the 2021 Not-for-Profit Leadership Summit, keynote speaker Sheri Chaney Jones focused on turning data into dollars – how non-profits can use data to better tell their story and drive greater success with fundraising. The event, hosted every fall by Barnes Dennig, the Association of Fundraising Professionals,
For non-profit organizations, a strong mission is the foundation, but sustainable cash flow is what keeps the doors open and the work moving forward. Whether your organization is managing grant reimbursements, donor contributions, pledge collections, program expenses, or reserve funds, the financial complexity of running a non-profit can be significant.
For anyone, losing track of retirement savings due to job changes, company mergers, or even businesses closing their doors can have major implications come retirement time. To help ensure employees gain the maximum benefit from their retirement savings, The Department of Labor (DOL) is launching the Retirement Savings Lost and
Is your U.S.-based organization owned by a foreign company? Your accounting needs won’t be like your colleagues or competitors in strictly domestic organizations. You understand that. Your accounting and tax advisor should too. Barnes Dennig performs assurance services for foreign-owned organizations across numerous industries: manufacturing and distribution of medical equipment,
Ohio Governor Mike DeWine announced four new grants designed to support Ohio small businesses, bars, and restaurants. The grants range from $10,000 – $30,000 for qualifying small businesses that have been in operation since at least December 1, 2019. The business must have experienced at least a 10% reduction in
Where Could Your Organization Go? CONTACT US Where could your organization go if you had more time to focus on the future, instead of getting pulled off course by the demands of your day? Let us focus on the details, so you can spend more time moving your organization forward.
The business climate gets more complex on a daily basis – especially if you’re working on a global scale. That means you need quick, reliable answers to your questions and easy access to innovative, global solutions to stay ahead of the curve. We’ve performed assurance services for clients with operations
On February 18, 2021, the Committee on Ways and Means wrote a letter to IRS Commissioner Charles P. Rettig to petition the extension of the tax return filing season beyond April 15, 2021. The Service was asked to consider the request and make an announcement as soon as possible. Different