PYMNTS

JANUARY 24, 2020

The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space. The site will be a dynamic platform for data science partnerships committed to improve the field’s social impact.

Non-Profits 79

Non-Profits Education Government Technology 79

AccountingDepartment

JUNE 24, 2021

The treasurer of a non-profit reports the organization's finances and handles the management of the organization's finances. The best qualities of a treasurer for a non-profit organization include attention to detail, is detail, financial literacy, and accurate record keeping.

Non-Profits 52

Non-Profits Finance accounted Account 52

LSLCPAs

OCTOBER 18, 2023

The post A RECAP of the New Eligibility for Student Loan Forgiveness for Physicians Working in Non-Profit Hospitals appeared first on LSL CPAs. We also urge you to continue to check the most up-to-date version at cmadocs.org/pslf, as the CMA will add material as.

Non-Profits 59

Non-Profits Hospitality cma cpas 59

SkagitCountyTaxServices

NOVEMBER 18, 2020

While I often address my “for profit” clients with these Notes, many of the same strategies (cost controls, marketing, growth, management) apply equally to those who are organized as non-profits. Many non-profit boards only meet once or twice a year. Ruth Gendler.

Non-Profits 53

Non-Profits CPA tax preparation Tax 53

AccountingDepartment

OCTOBER 15, 2024

Navigating the complex world of non-profit accounting can feel like a daunting task for many non-profit managers. For non-profits striving to maximize their impact, understanding and overcoming common accounting challenges is essential.

Non-Profits 79

Non-Profits accountant Account accounted 79

PYMNTS

FEBRUARY 22, 2018

21) that it is launching the Signal Foundation with the support of Brian Acton, the co-founder of WhatsApp, who is investing in the new non-profit. Our plan is to pioneer a new model of technology non-profit focused on privacy and data protection for everyone, everywhere.”. Moxie announced Wednesday (Feb.

Non-Profits 40

Non-Profits Technology 40

Baruch Lev

MAY 10, 2021

What drew wide attention was Clorox’s release of an “adjusted (Non-GAAP) earnings” per share number of $1.62, after adding (canceling) the $2.11 So, in terms of non-GAAP earnings, recent quarter EPS was only a modest 14% lower than a year-earlier, rather than the 126% drop on a GAAP basis. So, where is the problem?

Non-Profits 40

Non-Profits Gambling accounting principles accounting and finance 40

Nancy McClelland, LLC

AUGUST 21, 2023

If your company (or non-profit) has been in business for two or more years, has five or more employees, and does not already offer a qualified retirement plan, then you have two choices: start offering a qualified retirement plan (more on that later); or, participate in the Illinois Secure Choice program.

Illinois 52

Illinois Non-Profits payroll Start-ups 52

Nancy McClelland, LLC

AUGUST 21, 2023

If your company (or non-profit) has been in business for two or more years, has five or more employees, and does not already offer a qualified retirement plan, then you have two choices: start offering a qualified retirement plan (more on that later); or, participate in the Illinois Secure Choice program.

Illinois 52

Illinois Non-Profits payroll Start-ups 52

CPA Practice

JUNE 30, 2023

Cherry Bekaert has launched the Cherry Bekaert Foundation , a 501(c)(3) volunteer-based, employee-led philanthropic organization.

Non-Profits 52

Non-Profits Education accountant Account 52

RogerRossmeisl

APRIL 17, 2024

Although there are plenty of non-profits that deserve your support, some exist solely to facilitate fraud. One of the most effective ways that they secure donations is by creating entities that resemble established non-profits. Many businesses support their communities by donating to local charities.

Non-Profits 144

Non-Profits CPA 144

Accounting Insight

OCTOBER 25, 2024

The three profits included in accounting textbooks: gross profit, operating profit and net profit are a good start for accountancy students. Limiting them to just three types of profit is intended to avoid overburdening young accountants at the beginning of their studies. They introduce the other profits gradually.

Non-Profits 98

Non-Profits accountant Account accounted 98

TaxConnex

SEPTEMBER 7, 2023

They also frequently sell TPP such as merchandise, memberships, books and so forth that for-profit companies generally have to charge and collect sales tax on. Are non-profits exempt from sales tax obligations? Minnesota exempts non-profits from collecting sales tax when the sales are for fundraising.

Sales 147

Sales Tax Non-Profits North Carolina 147

Accounting Insight

OCTOBER 17, 2024

Profit and Loss (P/L) Accounts In my early days as an accountant, I prepared a ‘profit and loss account’ for my clients, shortened to P/L account. This too is illogical because a company cannot have both a profit and a loss at the same time. Their accounts show either a profit or a loss. Profit is not income.

financial statements 105

financial statements accountant Account accounted 105

TaxConnex

DECEMBER 27, 2022

Certain products and services may be non-taxable and not require an exemption certificate. The presumption is that the sale of tangible personal property is generally taxable unless specifically enumerated while services are generally non-taxable unless specifically enumerated. There are many exceptions to these “general” rules.

Sales 221

Sales Tax Non-Profits Maine 221

Going Concern

AUGUST 9, 2024

FT reported on Wednesday that the King’s EY was hit with a £295,000 fine ($376,309 USD) after the firm surpassed the allowed non-audit billing amount for a Russian steel company called Evraz. The cap on non-audit work is 70% of the average of the fees paid to the audit firm over the previous three consecutive years.

Non-Profits 73

Non-Profits audit auditor Government 73

CPA Practice

SEPTEMBER 10, 2024

The annual Global Finance Trends survey conducted by consulting firm Protiviti finds that 61% of CFOs and finance leaders rate data security and privacy as a high priority in the coming year, followed by financial planning and profitability analysis and strategic planning.

Non-Profits 111

Non-Profits Technology Finance Government 111

RogerRossmeisl

DECEMBER 28, 2020

Fraud perpetrators masquerading as non-profits usually find easy pickings. Know your non-profit The best and easiest way to avoid becoming a charity scam victim is to donate only to charities you already know and trust. Unfortunately, the holidays are the season for charity fraud. However, by doing.

Non-Profits 130

Non-Profits CPA 130

Cherry Bekaert

MAY 24, 2024

Host Kat Kizior , Senior Associate at Cherry Bekaert, is joined by special guest Robert Shea , CEO of GovNavigators, to discuss2 CFR 200 uniform guidance updates and how these changes will affect state and local governments, non-profits and public entities.

Non-Profits 105

Non-Profits Government 105

Withum

OCTOBER 17, 2023

Healthcare-related not-for-profits have a myriad of different funding sources that support operations. With all these different funding sources, it is imperative that healthcare-related not-for-profits have a general ledger system that can support both financial reporting and operational efficiency.

general ledger 64

general ledger Non-Profits Healthcare accounting principles 64

Xero

JULY 31, 2024

“The whole point of Building Up is to connect people with barriers to employment to careers in construction,” explained Marc Soberano, founder of non-profit project Building Up. “We We’re really looking to grow, and as a non-profit, it’s not like you can go and easily get some equity to think about growth.”

Construction 61

Construction Non-Profits Finance 61

SMBAccountant

JUNE 21, 2023

Income Statement: The income statement, also referred to as the profit and loss (P&L) statement, is a financial report that showcases a company's revenues, cost of goods sold, expenses, and gains and losses over a specific period. It focuses on the company's operational activities during that period and determines its profitability.

Non-Profits 130

Non-Profits accounting equation financial statements accounts payable 130

CPA Practice

SEPTEMBER 17, 2024

Intuit has launched Intuit Enterprise Suite , a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for businesses as they grow. It also monitors business performance with reports and real-time dashboards.

Technology 105

Technology quickbooks Non-Profits payroll 105

Cherry Bekaert

OCTOBER 22, 2024

For private non-profit (PNP) eligibility information, go to the FEMA Fact Sheet. Please note : private non-profits who use this site may need to take an additional step to get their public assistance access to the portal approved. Pre-Application Information Who is eligible for the FEMA Public Assistance Program?

Non-Profits 69

Non-Profits Government accounting and finance Finance 69

CPA Practice

OCTOBER 22, 2024

“It’s imperative that the federal government’s tax administration bodies provide guidance to these profitable businesses and their advisors in advance of the rescheduling of marijuana to help ensure a clear understanding of their federal tax obligations and mitigate non-compliance.”

cpas 116

cpas Non-Profits Legal Tax 116

Withum

MARCH 2, 2024

In 2022, the National Small Business Association, an Ohio non-profit corporation, sued the US Treasury Department alleging the mandatory disclosure requirements exceed Congress’ authority under Article I of the Constitution and violate the First, Fourth, Fifth, Ninth, and Tenth Amendments.

Ohio 140

Ohio Non-Profits tax services Tax 140

Intuitive Accountant

NOVEMBER 14, 2022

Day 2 of the webinar series kicks off with a panel discussion on profitable accounting miches in the construction, ecommerce and non-profit sectors. Sign up to join Greg Bossen, Kelly Gonsalves and Diane Gilson here.

Non-Profits 98

Non-Profits Construction accountant Account 98

Summit CPA

AUGUST 29, 2024

To recap our last blog post in our 4-part metrics series, the key to our clients’ business growth is profit-focused accounting. This accounting approach breaks down revenue into financial and non-financial drivers to help business owners and their financial staff to better understand cash flow.

Non-Profits 52

Non-Profits accountant Account accounted 52

Insightful Accountant

JUNE 14, 2023

How Rewind helped the Executive Geek make data loss a non-event for its non-profit clients.

Non-Profits 95

Non-Profits 95

CPA Practice

APRIL 23, 2024

I announced the 2-in-2 compensation plan in January 2008, which would double every employee’s compensation in two years if we hit revenue and profit targets. Alternative Incentive Solutions I am a major fan of non-monetary incentives such as unique experiences or gifts with individual meaning.

Non-Profits 135

Non-Profits Oregon Healthcare Education 135

inDinero Accounting

OCTOBER 31, 2023

Our experts have extensive experience in the non-profit sector and are a more affordable option than a full-time employee or team. Not-for-profit organizations have a fiduciary responsibility to show their donors what their finances look like at the end of each fiscal year. Did your analysis reveal anything similar?

accrual accounting 103

accrual accounting Non-Profits accounting and finance financial statements 103

Withum

JULY 17, 2024

Penalties apply for non-compliance. Employer” means any person or entity engaged in a for-profit or non-profit business conducting activities in New Jersey. New Jersey implemented a new law that requires employers with 25 or more employees to implement a retirement plan. Overview: How Does It Work?

New Jersey 59

New Jersey Non-Profits payroll tax services 59

Withum

AUGUST 28, 2024

Coca-Cola Case Overview The tax court decision on the Coca-Cola case demands the reallocation of profits to Coca-Cola’s U.S. The IRS argued that Coca-Cola’s transfer pricing position resulted in an improper allocation of profits, leading to an understatement of income to Coca-Cola U.S. headquarters.

Tax 98

Tax Non-Profits audit Advertising/ Marketing 98

CPA Practice

AUGUST 22, 2024

With 35 offices nationwide, the firm specializes in audit and attest services for businesses and not-for-profit organizations. Cleveland-based CBIZ, which is a publicly traded accounting services provider (NYSE: CBZ), will acquire the non-attest business of Marcum, while CBIZ CPAs will acquire Marcum’s attest business.

cpas 59

cpas Non-Profits Kansas cpa firm 59

MyIRSRelief

NOVEMBER 17, 2023

In a C Corporation, profits are taxed at the corporate level and then again at the individual level when distributed as dividends. In contrast, S Corporations only tax profits at the individual level. However, any additional profits can be distributed as dividends, which are not subject to self-employment taxes.

corporation tax 130

corporation tax Tax tax return Non-Profits 130

Basis 365

SEPTEMBER 14, 2022

It doesn't matter if you run a marketing agency or a management consulting firm when it comes to managing a profitable consultancy business. For a service-based business to be profitable, it is essential to track time and invoicing accurately. These four accounting tips will increase your consulting company's profitability.

Non-Profits 98

Non-Profits bookkeeping accountant Account 98

CPA Practice

NOVEMBER 30, 2023

The report also showed that adjusted pretax corporate profits posted the biggest increase in more than a year. The gain was fueled primarily by the non-financial sectors, though profits also picked up at financial firms. Separate data Wednesday showed the U.S. merchandise-trade deficit widened to a three-month high in October.

Non-Profits 64

Non-Profits Maine Start-ups Government 64