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Fraud prevention strategies for nonprofit organizations
Nonprofits are disproportionately vulnerable to occupational fraud due to small administrative teams, part-time board oversight, and heavy reliance on...
Form 990 filing mistakes that can undermine your nonprofit’s credibility
Form 990 is more than a tax return; it's a public document that donors, grantmakers, and regulators use to evaluate your nonprofit. Common mistakes in...
Construction accounting that reveals problems early: job costing, change orders, and WIP reporting
Construction businesses can stay profitable on paper while margin quietly slips away on individual jobs. This article explains how job costing...
Divorce and your tax return: what the settlement may not resolve
A divorce settlement divides assets and establishes legal rights, but it does not resolve every tax question that follows. Filing status...
Section 179D energy-efficient commercial building deduction: a reminder for projects already underway
Although the June 30, 2026 deadline for the Section 179D energy-efficient commercial building deduction has passed, projects that began construction...
IRS raises the standard mileage rates for the second half of 2026
The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to 76 cents...
IRS introduces automatic penalty relief for taxpayers with a strong compliance history
The IRS is replacing its First Time Abate program with a new Automatic Exemption from Penalty (AEP), which will automatically prevent certain...
Why homeowners need to track improvements before a sale or inheritance
As home values rise, the federal home sale exclusion may no longer be enough to eliminate capital gains tax when a property is sold or inherited. The...
Cash flow forecasting as a leadership tool
Most business owners rely on backward-looking financials that tell them where they have been, not where they are going. A cash flow forecast fills...
State tax nexus in 2026: what business owners need to know about unexpected tax obligations
If your business sells online, has remote employees, or uses third-party fulfillment, you may owe taxes in states where you've never filed a return...
Tax mistakes new business owners make in their first profitable year
Your first profitable year in business is worth celebrating. But it can also bring expensive tax surprises, especially if you're still managing the...
Transfer pricing and related entities: what business owners need to know
Business owners who move money, goods, or services between commonly controlled entities are subject to IRS transfer pricing rules, which require that...