The New Markets Tax Credit (NMTC) program was created to stimulate economic growth in low-income communities by providing tax incentives…
Small business 401(k) plans – Meet the IL retirement mandate
Many states have begun implementing state laws that require every employer that has been in business for a certain period…
The Employee Retention Credit: What Taxpayers Need to Know
The U.S. government has repeatedly revised the requirements for U.S. taxpayers to claim the Employee Retention Credit (“ERC”), also commonly…
Endowment Woes! Navigating The Nuances With Endowments
An endowment is a pool of funds donated or set aside to be preserved over time in order to support…
Is that a Lease? A Focus on Nonprofit Lease Considerations under ASC Topic 842
While Accounting Standards Codification (ASC) Topic 842 is applicable to all entities, the adoption of the new leasing standard by…
Pay Transparency – Is Your Organization Ready?
In the past, most discussions about compensation were largely confined to the specific instances of either a job offer or…
