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News and Resources for Strong Leaders

Not-for-Profit, Real Estate and Business Topics

Group of professionals volunteering at a food bank
Not-for-profit
Valuable gifts to charity may require an appraisal

If you donate valuable items to charity, you may be required to get an...

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A pile of $100 bills spread out.
Assurance  ·  Tax Strategies
Can Too Much Cash Be a Problem?

Positive cash flow can be a strong indicator of the financial health of an...

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Affordable Housing
Senior Housing Cooperatives

Seniors over age 55 have a wide range of housing options, including: single...

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Large white home with a for sale sign in the yard.
Not-for-profit
Selling & Buying Real Estate? Utilize Like-Kind Exchanges to Defer Gain

Amid a plethora of new and proposed tax legislation, it’s important to...

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Woman in a long maroon rain jacket shoveling dirt around a small sapling.
Not-for-profit
In-kind Contributions – When and How to Record Them

Who doesn’t love getting free stuff In the nonprofit world, they have a...

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3 pink dice with white pips
Not-for-profit  ·  Tax Legislation
Gambling Fund Transfers deductibility on Form 990-T

Your organization’s lawful gambling fund is having a record year. Business is...

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Accounting Solutions
Internal Controls for Smaller Entities

Internal controls are vital to help an entity operate effectively and...

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Accounting Solutions
Automate and Streamline your Accounting

Have you ever thought that there might be a better way to do some of the...

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Assurance
The Importance of Understanding Segregation of Duties for Your Organization

Segregation of Duties (SOD) is fundamental to maintaining internal controls and...

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Accounting Solutions
Benefits of Outsourcing Your Accounting

Hiring in today’s climate is difficult, and many small businesses are not...

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Accounting Solutions
Record Year-End Adjusting Entries in QuickBooks and “Close Your Books”

You just signed the e-file authorization form, and your CPA has electronically...

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Affordable Housing  ·  Real Estate  ·  Tax Legislation  ·  Tax Strategies
The 50% Test for Low-Income Housing Tax Credit

What is the 50% Test The 50% Test is required for every project that receives...

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