Archive for Alerts & Advisories Category

September 2015 Nonprofit Newsletter

This month’s newsletter includes the following: State Registration Issues and Online Fundraising Facebook Rolls Out ‘Donate’ Button for All Charities Foundation Investment Growth Slowed Substantially Last Year Edelstein Comments on Changes to Nonprofit Financial Reporting

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Posted In: Alerts & Advisories

Tax Alert- When will Congress pass “extenders” legislation to revive expired tax breaks for 2015?

With Congress returning from its August recess, this is the question on tax-savvy Americans’ minds. Many valuable tax breaks aren’t permanent, so Congress has to pass legislation extending them to keep them in effect. Unfortunately,

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Posted In: Alerts & Advisories

Tax Alert- All income investments aren’t alike when it comes to taxes

The tax treatment of investment income varies, and not just based on whether the income is in the form of dividends or interest. Qualified dividends are taxed at the favorable long-term capital gains tax rate

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Posted In: Alerts & Advisories

Quarterly Healthcare Advisory

Choose malpractice coverage wisely All physicians must have malpractice insurance. But all policies aren’t alike. It’s critical to choose one that fits the practice’s needs. Otherwise, the practice could find itself in a tenuous financial

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Posted In: Alerts & Advisories

Tax Alert- What you need to know before donating collectibles

If you’re a collector, donating from your collection instead of your bank account or investment portfolio can be tax-smart. When you donate appreciated property rather than selling it, you avoid the capital gains tax you

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Posted In: Alerts & Advisories

August 2015 Nonprofit Newsletter

This month’s newsletter includes the following: FASB Proposal May Mean Big Changes for Nonprofits New Revenue Recognition Model to Affect Nonprofits The Affordable Care Act is Here to Stay: What Nonprofits Need to Know Read

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Posted In: Alerts & Advisories

Tax Alert- Teens in your family with summer jobs? Set up IRAs for them!

Teenagers’ retirement may seem too far off to warrant saving now, but IRAs can be perfect for teens precisely because they’ll likely have many years to let their accounts grow tax-deferred or tax-free. The 2015

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Posted In: Alerts & Advisories

Tax Alert- Act soon if you want to help your child buy a home

Mortgage interest rates are still at historically low levels, but they’re expected to go up by year end. So if you’ve been thinking about helping your child — or grandchild — buy a home, consider

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Posted In: Alerts & Advisories

We’re Hiring!

Does this job hunt check list sound familiar? Grow and develop your career, build relationships, have your ideas valued, and be more than just a number?  If you answered yes, you’ve found your CPA firm. 

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Posted In: Alerts & Advisories, News

Tax Alert- Tread carefully when determining compensation for S corp. shareholder-employees

By distributing profits in the form of dividends rather than salary, an S corporation and its owners can avoid payroll taxes on these amounts. Because of the additional 0.9% Medicare tax on wages in excess

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Posted In: Alerts & Advisories