For many businesses and nonprofits, fall is more than pumpkin spice season; it’s also time to start thinking about next year’s budget. Even for organizations with a fiscal year different than the calendar year, knowing how to approach this important task will make the job easier and help ensure a positive outcome.
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The Washington Monument has finally reopened!
Visiting D.C. soon? Or, do you live here and want to play tourist for a day? You’ll want to hear this! On September 19, 2019, the Washington Monument reopened its doors to the public after a 37-month closure to modernize the elevator control system and construct a new security screening facility, according to the National Park Service. In addition to lounging on the mall around the landmark, visitors can now enter the facility, ride the elevator to the top and take in the beautiful scenery of Washington, D.C. from 555 above.
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What’s this Virginia Tax Relief Refund all about?
If you live in Virginia, chances are you’ve heard about the 2019 Virginia Tax Relief Refund. If you’re not aware of it yet, you’ve come to the right place. On February 15, 2019, Virginia Governor Ralph Northam signed tax legislation that allocates $420 million in refunds to compensate taxpayers for higher state taxes that resulted from the federal Tax Cuts and Jobs Act (TCJA) of 2017. These refunds were scheduled for October, and many Virginia residents have already begun receiving them in the mail. So who gets these refunds? How much will you receive? Read below for everything you need to know.
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Tune up your retirement savings strategy during open enrollment season
As the weather turns cooler and leaves begin to fall, workers often have a few weeks to revisit their choices in employee benefit plans. The annual open enrollment period typically occurs in October or November and raises important questions regarding next year’s benefits, including decisions about retirement contributions.
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6 Ways to Increase Network Security
With each new high-profile hacking incident, business owners reel in horror and breathe a sigh of relief that it didn’t happen to their company. That relief is only partial at best though, as business and nonprofit leaders wonder if their organization will be the next victim.
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Common Single Audit Findings – Part 3: Reporting Deficiencies
Nonprofits that undergo regular single audits subject to the Office of Management and Budget’s Uniform Guidance become quite familiar with the audit process. These organizations dutifully fulfill their audit obligations, always hopeful that auditors will have only positive findings and full compliance to report. But despite best efforts, some audits will inevitably include findings for which a corrective action plan is required.
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Two-Factor Verification: Does it really make a difference?
Anyone with online accounts or cell phones has probably received requests to enable two-factor authentication (2FA) by now. These invitations typically cite enhanced security as a reason to add this extra step to the login process, but how does 2FA work and why should we enable it on our devices and accounts?
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If your 2018 tax bill made you feel sick, it could be time for a Paycheck Checkup
Filing season for the 2018 tax year brought unwelcome surprises for many taxpayers. Following a major tax code overhaul at the end of 2017, it was reasonable for estimates of the year’s tax liability to be less accurate than normal. But while the IRS made allowance for some of this predictable deviation, the agency won’t maintain such a tolerant stance for long. To avoid unexpected tax bills or penalties for underpayment in subsequent years, workers should check current withholding rates and if necessary, file an updated Form W-4 with their employer.
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3 Keys to Successful Data Recovery
The server room flooded, your computers are all stolen or destroyed, and hackers are holding your data hostage unless you deliver an absurd amount of bitcoin. Oh nooooo! These are the nightmares of business and nonprofit leaders everywhere. Only in our worst dreams could these events coincide, but the waking world holds a real risk of one or more of these calamities occurring on any given day.
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Transforming Nonprofit Volunteers into Long-term Supporters
For most nonprofits, volunteers are the lifeblood of the organization’s work. The time and talent volunteers contribute can be a pivotal factor in how well and how cost-effectively NFPs achieve their mission, affecting the organization’s long-term success as well as the ultimate impact of its programs.
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