Insight Tag: Accounting & Bookkeeping
Article
Protecting Your Mission: A Not-for-Profit Leader’s Guide to Risk Assessment
Every not-for-profit has a story worth protecting. While daily operations and program delivery often take center stage, implementing strategic risk assessment practices can transform your organization's ability to serve and grow. Understanding and managing different types of risk isn't just about compliance – it's about building a stronger foundation for your mission.
Article
4 Misconceptions About Working with a CPA Firm: What You Need to Know
Clear communication is essential in any professional partnership. Whether you're working with our firm or considering hiring another CPA, understanding these key points can help you get the most out of this important relationship.
Article
The Emerging AI Threats for Business: Staying Ahead of Challenges
Artificial Intelligence refers to computer systems designed to perform tasks that typically require human intelligence. These include problem-solving, learning, planning, and understanding natural language. While AI has existed in various forms for decades, recent advancements have led to its widespread adoption across industries.
Article
Investing in Your Dream: How Dental CPAs Can Empower Practice Success
Congratulations! You're considering taking the leap into practice ownership. It's an exciting time, filled with possibilities – and, let's face it, a fair share of uncertainties. As you embark on this journey, you might wonder, "Why do I need a dental CPA in my corner?" Let's discuss how having the right team can set you up for long-term success and peace of mind.
Article
Mastering Donor Relations: The Key to Sustainable Fundraising Success
Fundraising is the lifeline of not-for-profit organizations, from small community groups to large foundations. While securing initial donations is crucial, the real challenge often lies in donor retention—transforming one-time gifts into regular contributions and increasing giving over time. The key to long-term donor relationships? Engagement.
Aug 26, 2024
Article
Mastering Your Finances: A Guide to Living Within Your Budget
As we conclude our budgeting series, it’s time to bring together all the insights and strategies we’ve discussed to help you achieve financial mastery. Living within a budget is not just about limiting spending; it’s about empowering yourself and business to make informed financial decisions, setting and reaching financial goals, and ultimately creating a secure and fulfilling financial future
Aug 22, 2024
Article
Tax Planning Engineered for Profit: Smart Moves for Business Owners
You are probably getting lots of advice on how to run your business. But what if thinking ahead for year-end tax planning makes the difference in how successful your year can be? This could be the key to putting more money back into your business and setting yourself up for a fantastic year ahead.
Article
Ensuring Accountability: The Vital Role of Audits and Reviews in Not-for-Profit Organizations
Accountability stands as a cornerstone principle, essential for maintaining trust with donors, stakeholders, and the broader community in any not-for-profit. At the heart of ensuring this accountability lies audits and reviews, critical processes that provide transparency and uphold financial integrity.
Blog
Important Notice: 2023 Ohio Individual Income Tax Return Processing Issue
We want to bring your attention to a significant processing issue affecting some 2023 Ohio individual income tax returns. Our tax team has identified an emerging situation that may impact clients who received interest income reported on Form 1099-INT during 2023.
Sep 19, 2024
Newsletter
Plain & Simple | Summer 2024
Where has the year gone? It's hard to believe we are less than 4 months away from 2025. As you gear up for business in the new year, there are several key areas for business owners to focus on: people, employee engagement, work-life balance, automation, customer experience, data analytics, cybersecurity, and data protection. Succeeding in 2025 will require more than just keeping up with trends; the key is proactively adapting and being willing to innovate.