Businesses Already Strained by COVID-19 Should Prepare for Hurricane Season

Coming off the heels of the pandemic, sectors such as insurance, real estate, hospitality and healthcare are particularly vulnerable this hurricane season. To help understand the risks, we take a look at how different industries can prepare for such a catastrophe – before it hits.

2022-09-29T13:15:28-04:00July 22, 2022|Categories: Construction and Real Estate, Healthcare, Hospitality|Tags: , |

What’s Going on at the IRS? Problems and Steps to Improve Service

2021 was described as the worst year ever for the IRS. Several compounding problems, exacerbated by COVID-19, led to a historic backlog. Now, the agency is taking steps to improve service.

2022-07-19T08:34:19-04:00July 19, 2022|Categories: Employee Benefit Plans, Not-for-Profit, Tax: Business, Tax: Exempt Organizations|Tags: |

Increasing a Nonprofit’s Impact through Operational Efficiency

Nonprofit organizations often have lean operational budgets. They want to put as much of their resources as possible into fulfilling important missions. But a nonprofit that struggles with its operations will soon find itself with limited mission impact as well.

2024-01-25T12:06:40-05:00July 13, 2022|Categories: Not-for-Profit, Risk Advisory|Tags: , |

Proven Tactics Tech Companies Can Use to Win Government Contracts

Should you accept government work if you are a technology firm? Yes, if you want to increase your revenue. Here are some tried-and-true tactics for winning government contracts that will help tech businesses succeed in the extremely competitive business world.

2022-07-12T14:11:22-04:00July 12, 2022|Categories: Government Contracting|Tags: |

HITRUST Certification Just Became More Affordable

HITRUST was once considered by many small and medium-sized businesses to be out of reach due to an exorbitant price tag. But there are new cost-effective options companies can leverage to increase their transparency, integrity, and reliability.

2024-01-25T09:48:33-05:00July 7, 2022|Categories: Cybersecurity, Healthcare, Risk Advisory|Tags: , , |

IRS 90-day Pre-examination Compliance Pilot for Retirement Plans

The IRS is piloting a pre-examination compliance program for retirement plans, which provides plan sponsors with 90-day window to review plan operations and make corrections prior to examination.

Service Centers – A Multi-Purpose Management and Allocation Tool

Learn about service centers and cost allocation methods, specifically direct allocation and step allocation, that can help you understand the "true" cost of your products and services so you can price them for a profitable return.

2022-06-23T14:31:15-04:00June 21, 2022|Categories: Accounting, Government Contracting|Tags: , |

Not-for-Profit Accounting Update: Lease Accounting and Donated Assets (Contributed Nonfinancial Assets)

Many not-for-profits are in the first year of implementing the new lease accounting standard and may need guidance on where to start. Below-market leases or donated space also give rise to another new accounting update to consider.

2022-06-16T11:50:34-04:00June 15, 2022|Categories: Accounting, Not-for-Profit|Tags: , |
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