Insight Tag: Finance
Article
Navigating the Tax Maze: Why Not-For-Profits Need to Think Like For-Profits
As a not-for-profit leader, you're passionate about your mission. You're changing lives, improving communities, and making the world a better place. But here's a curveball you might not have seen coming - when it comes to taxes, your not-for-profit might have more in common with for-profit businesses than you think.
Article
The Future of QuickBooks: Getting Ahead of the Change
As of July 31, 2024, new subscribers can choose between QuickBooks Online (QBO) and QuickBooks Enterprise. Existing subscribers will still be able to renew their QuickBooks Desktop Pro and Premier subscriptions, but these options are no longer available to new subscribers. The biggest impact will be for new businesses or QuickBooks Desktop users without an active subscription. For several years, Intuit has poured its resources into enhancing QuickBooks Online, to make it more robust and user-friendly while adding new features.
Feb 27, 2024
Article
Navigating Financial Success: Why and When You Should Embrace Budgeting
Do you know that a significant percentage of small and mid-sized manufacturing businesses do not have an annual operating budget? As you explore how a budget can drive important business decisions, this introductory article marks the beginning of our comprehensive budget series where we explore the why, when, and how of budgeting. Future articles will move you through the process and explain how to pull it all together. Let’s get started so you can understand how your business is performing!
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.
May 29, 2024
Newsletter
Plain & Simple | Spring 2024
As we approach the second half of 2024, I am pleased to report that the US economy entered the year on a strong footing. Multiple indicators of business activity, labor markets, sentiment, and inflation have been moving in a favorable direction. However, we must remain vigilant of headwinds such as rising consumer debt and elevated interest rates that may temper economic growth. As mentioned in our earlier edition, I see this year as one of renewed potential, with the economy regaining its footing and businesses poised for growth, despite uncertainties surrounding new tax policies and the upcoming election.
Mar 6, 2024
Newsletter
Plain & Simple | Winter 2024
We are off to a good start in the new year! I hope 2024 has begun with optimism and prosperity for you and your businesses. Reflecting on the challenges of 2023 – from inflation to supply chain disruptions – it’s inspiring to see how resilient and adaptable we’ve all been. Looking ahead, I see a year of renewed potential, with the economy regaining its footing and businesses poised for growth despite the uncertainties of new tax policies and the upcoming election.