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Nonprofit Budgeting Best Practices: Planning For Your Organization’s Financial Health
By Holly Hejmowski, CPA on May 15, 2024

Tips for a not-for-profit's current and future budgeting A well-planned nonprofit budget gives an organization’s leadership more control, increased transparency, better accountability, and...

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Employee Benefit Plan Regulations in 2024: What Fiduciaries Need to Know

Fiduciaries for employee benefit plans (EBPs) have a challenging job. Staying on top of regulatory changes is a critically important part of that job. Congress, the U.S. Department of...

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Not-For-Profit Cost Allocations Best Practices and Tips
By Holly Hejmowski, CPA on April 10, 2024

Effective methods to allocate costs for informed decision-making A significant challenge facing many not-for-profit (NFP) organizations involves determining how much of their resources and...

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Harnessing Technology's Potential in Not-For-Profit Operations
By Holly Hejmowski, CPA on March 20, 2024

Not-for-profits can, and must, keep up with advancing technology When thinking of technological innovation, the not-for-profit sector is not likely to be one of the first places that come...

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Protecting your Financial Health: Considerations for Insurance Claims and Litigation Related to the Change Healthcare Cyber-Attack

The cyber-attack on Change Healthcare has severely impacted healthcare providers' financial operations, disrupting claims processing, billing, and prescription services, and putting...

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IRS Audit Risk Alert: The IRS is Aggressively Pursuing Employee Retention Credit Claims in a New Way to Determine Validity: Understanding Your Letter 6612

New Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that submitted ERC claims are now under even...

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