cgadmin | Cg - Part 143

14 Feb

Can Your Board Recognize Financial Red Flags?

Posted by cgadmin
February 13, 2020

A key fiduciary duty of your not-for-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs — such as the loss of a major funder — may...

13 Feb

Individual Tax, Tax

Do You Have a Side Gig? Make Sure You Understand Your Tax Obligations

Posted by cgadmin
February 12, 2020

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019 IRS report. And there are tax consequences for the people who perform these jobs,...

12 Feb

Business

Getting Help With a Business Interruption Insurance Claim

Posted by cgadmin
February 11, 2020

To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to cover revenues lost and expenses incurred while normal operations are limited or suspended. But...

11 Feb

Federal Tax, Tax

Dependents and Federal Income Taxes

Posted by cgadmin
February 10, 2020

How do dependents affect federal income taxes? The Congressional Budget Office recently issued a report on this topic. It analyzed tax return data under 2019 tax rules and compared it with the rules that...

10 Feb

Employer

Tread Carefully When Handling FMLA Leave Requests

Posted by cgadmin
February 7, 2020

When employees request time off under the Family and Medical Leave Act (FMLA), employers need to tread carefully. The FMLA can trip you up in various ways, including how to legally document and approve...

07 Feb

Nonprofit

How Taxes Affect Your Nonprofit’s Donors

Posted by cgadmin
February 7, 2020

The deductibility of most charitable gifts hasn’t changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping requirements have. Helping your donors who itemize deductions understand the rules and benefits of...

06 Feb

Individual Tax, Tax

There Still Might Be Time to Cut Your Tax Bill With IRAs

Posted by cgadmin
February 6, 2020

If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it. If you qualify, you can make...

05 Feb

Business

Look Closely at Your Company’s Concentration Risks

Posted by cgadmin
February 4, 2020

The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when attempting to resolve the many challenges facing them. But the word has an alternate...

04 Feb

Federal Tax, Tax

Next Decade U.S. Economic Outlook

Posted by cgadmin
January 31, 2020

What’s the U.S. economic outlook for the next decade? The Congressional Budget Office (CBO) just released a report that projects the federal deficit in 2020 will be 4.6% of gross domestic product (GDP) and...

03 Feb

Employer

Keeping the Faith in a Reverse Mentoring Program

Posted by cgadmin
January 31, 2020

In a reverse mentoring program, a younger and usually less experienced employee mentors an older one, who’s typically in management or even an executive or business owner. The general idea is for the older...

Shopping cart

Posts by cgadmin

Can Your Board Recognize Financial Red Flags?

Do You Have a Side Gig? Make Sure You Understand Your Tax Obligations

Getting Help With a Business Interruption Insurance Claim

Dependents and Federal Income Taxes

Tread Carefully When Handling FMLA Leave Requests

How Taxes Affect Your Nonprofit’s Donors

There Still Might Be Time to Cut Your Tax Bill With IRAs

Look Closely at Your Company’s Concentration Risks

Next Decade U.S. Economic Outlook

Keeping the Faith in a Reverse Mentoring Program