News & Insights

Accountable Plans: A Smarter Way for Nonprofits to Reimburse Expenses

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Accountable plans remain the most tax-efficient way for nonprofits to reimburse employee business expenses. When properly structured and implemented, these plans allow reimbursements to be excluded from employees’ taxable income […]

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Why Business Owners Often Feel “In the Dark” About Financial Performance

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The information leadership needs to run a business rarely lives in one place.  The accounting system has one piece of the picture. Payroll sits somewhere else. Job costing, inventory, project data, or operational reporting […]

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What Sets Internal and External Audits Apart — and Why it Matters

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Both internal and external audits play vital roles in safeguarding your organization’s financial integrity. They share the common goals of promoting reporting transparency and helping prevent errors and fraud, but […]

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Build a More Resilient Nonprofit with Revenue Diversification

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When external conditions change — whether due to economic shifts, policy adjustments or evolving donor priorities — nonprofits that depend on one or two funding sources often face greater financial […]

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What If …? How Stress Testing Can Help Your Business Prepare for Economic Uncertainty

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Even financially sound businesses can be vulnerable to market volatility and unexpected disruptions. Many companies discover too late that their financial position, internal controls or contingency plans aren’t built to […]

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