Part 5: Investment Planning Amidst a Recession
Over the last five weeks we’ve discussed different strategies to review all 5 pillars of wealth management amidst a recessionary environment. Today we will conclude with tips around managing your...
View ArticlePotential Election Impacts to Estate and Gift Tax Planning
Each election year brings the potential of significant tax planning reform. Now that the election results are drawing to a close, it is time to analyze what key tax reforms could be imminent....
View ArticleHow the Election Results May Impact Your Tax Planning
No matter the results of an election year, they always bring about shifts to both social and economic policies as candidates make promises of change on the campaign trail. This year was no different,...
View ArticleNew Guidance Released on PPP Loan Forgiveness
New guidance (Revenue Ruling 2020-27) was released earlier this week by the IRS regarding the deductibility of expenses paid with Paycheck Protection Program (PPP) loans. The guidance reiterated the...
View ArticleSix Valuable Tips to Selling Your Business
Selling your business is no simple task. The end goal appears simple, for both the buyer and the seller to agree on the transaction. But getting to that end goal is a detail-oriented process that...
View ArticleSecurity Reminders to Protect You and Your Wallet
The holiday shopping season is upon us, and with great deals and savings comes risk of email fraud and identity theft. Many shoppers will turn to online avenues to cross off their holiday gift lists...
View ArticlePart 1: Nonprofit Best Practices for a High-Functioning Accounting Department
There are a multitude of responsibilities in the role of CEO/ED. Being the leader of any size business requires a lot of diligence and attention to detail, especially when it comes to managing the...
View ArticleThe Impact of Remote Work on an Organization’s State Tax Strategy
Working from home has become the new normal this year due to the impacts of the COVID-19 pandemic. With numerous individuals remotely working in a state that differs from their office, many states have...
View ArticlePart 2: Six Easy Steps to a High-Functioning Nonprofit Accounting Department
In my first post of this blog series, I covered basic best practices that nonprofits should keep in mind when assessing the effectiveness of their accounting departments. For the second part I will...
View ArticleHow to Successfully Onboard Your Remote New Hires
Work has changed a lot since the beginning of 2020, many employers found themselves shifting to remote work at a scale that they never thought possible. Some employers are still working through a...
View ArticleIRS Expands Identity Protection Program to All Taxpayers
The IRS recently announced that it is expanding its Identity Protection PIN (IP PIN) opt-in program. The IP PIN is a six-digit number that taxpayers use on their tax return to help prevent fraudulent...
View ArticleDo I Have a Roth Option in My 403(b)?
As employees we have the ability to save for our retirement in a few different ways through the cash flow of our wages. The most common method of accumulating wealth for those in education is the...
View ArticleThe Importance of Proper Standards in Police Evidence Rooms
Managing a police evidence room requires great responsibility. The room exists to safely catalog, store, and maintain the integrity of evidence found in order to effectively prosecute criminals or...
View ArticleISU CALT Year-End Considerations Key Takeaways
The Iowa State University Center for Agricultural Law and Taxation is an invaluable resource of farm-related information for many individuals across the Midwest. Recently, the center released a...
View ArticleLooking Beyond Salary: The Priceless Impact of Intangible Benefits
When considering the value proposition of employment, it can be very difficult to measure the intangibles. What are the intangibles? Culture, colleagues, mentorship, and work/life balance to name a...
View ArticleWhat is the Santa Claus Rally?
As much as I want to take this week’s piece and dedicate it towards the brilliance that is the movie Christmas Vacation and why it should be declared as the greatest Christmas movie of all-time, I’ll...
View ArticleNew Stimulus Package Passed December 21, 2020
The U.S. House of Representatives and U.S. Senate passed the Consolidated Appropriations Act, 2021 (bill), a massive tax, funding, and spending bill that contains a nearly $900 billion coronavirus aid...
View ArticlePart 3: The Final Nonprofit Checklist–Ready, Set, Run!
Guidelines and procedures are put in place for a reason. They help hold others accountable and make the workplace efficient and safe. As this blog series comes to a close, I want to emphasize the...
View ArticleA Note on Market Timing
“You wouldn’t believe me if I told you.” That’s the phrase I imagine I’d use if someone had disappeared from society on December 31, 2019, cut off their media, maybe traveled to their remote cabin in...
View ArticleWealth Management Quarterly Market Update: January 2021
2020 will certainly be a year not soon forgotten. Not only from social, political and health perspectives, but from economic and investing viewpoints well. Regarding the US stock market, the Standard...
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