Nonprofit organizations receive funding from various sources, but it can be difficult to determine how to account for these funds. When should revenue be recognized? This depends on whether funds come from contributions or exchange transactions.
You work full-time and hire an in-home childcare provider to take care of your two young children while you work. Did you know hiring a child care provider can influence your tax return? The good news is you can obtain Child and Dependent Care tax credit for qualifying expenses up to $6,000, the bad news is you may need to pay household employment taxes for the care provider.
While the water cooler is best known as a place for casual conversation, or even a breeding ground for gripes and gossip, many forget its primary purpose — to keep you hydrated! We all know we’re supposed to consume water throughout the day, but how many of us put this into practice? Whether it’s speeding out of the house to beat rush-hour traffic or putting out fires all day at the office, taking a swig of water is the last thing on our minds. But, countless of studies have proven that maintaining proper hydration is key to performing your best and being your best. Need some convincing to increase your water intake? Let’s face the facts.
In today’s DIY-dominated world, more and more “things” can be completed with a nail gun, a gallon of paint, recycled wood and an extra hour of free time. These may not be the exact ingredients in the recipe to reduce your overall spending, but the DIY mentality can certainly be applied! Here are a handful of easy, do-it-yourself, non-lifestyle changing tips to help you live a more financially-balanced life.
“The best things in life are free. The second best are very expensive.” – Coco Chanel
Do you have an interview coming up? Are you gearing up to begin your job search again? Are you nervous about presenting your best possible self? If the answer to any of these questions is yes then take a few minutes to read my advice and tips for being interview ready!
You decided you need to have an audit done. Now you are dreading the process– unsure of what to expect, or you had a bad experience in the past. Below are six ideas on how to control the audit process to ensure completion of your goals and deliverables within the expected time frame.
Does your bank statement accurately report your businesses cash balance? Probably not! There is usually a difference in the amount of cash reported on the balance sheet, and the actual balance in the bank account for the same period. This difference is neither a good nor bad thing, but instead, highlights the timing difference between when the business remits payments and when they clear the bank.
It is said that life and death are in the power of the tongue. It becomes imperative to foster optimism versus pessimism. Your thought process and attitude is a vital part of rising to higher heights that pertain to your views. In a working environment attributes such as unity, teamwork, cooperation and service become the strength of the mission.
“The IRS has issued an arrest warrant against you. Right now you and your physical property both are being monitored. It is very important we hear from you before we proceed in any legal manner. Please call 610-904-1168.”
The regular season of football has started, pre-season hockey is underway, and baseball playoffs are just around the corner. To me, this means our fall Halt, Buzas and Powell’s Non-profit symposium is upon us.
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