by Blog Team | Jul 22, 2019 | Uncategorized
Since the Tax Cuts and Jobs Act of 2017 was passed in December 2017, nonprofits wondered how it would affect their donations. In 2017, 46.5 million tax filers itemized. Meaning that 46.5 million could make a donation and get a tax benefit for it. In 2018, it was...
by Blog Team | Apr 24, 2019 | Nonprofit Organizations
I often get asked during the preparation of tax returns whether a company can get a deduction for the charitable contribution of goods from inventory. The answer, as with everything else, “it depends”. Typically, this occurs after the company has already...
by Blog Team | Jul 2, 2018 | Medical and Dental Practices, Nonprofit Organizations
Sage Intacct Makes Significant Healthcare Enhancements – We have been eagerly awaiting the new Sage Intacct product updates, certification, and agreements that help organizations address Health Insurance Portability Accountability Act (HIPAA). The healthcare updates...
by Blog Team | Jun 11, 2018 | Emerging and Growing Business
For business owners, accounting is a necessary evil. It’s uncomfortable because, generally, it’s outside of the owner’s area of expertise. When you look ahead at all the ways you want to invest in your business, staffing up the accounting function is probably not on...
by Blog Team | Jun 5, 2018 | Emerging and Growing Business, Unalp News
Mercator MedSystems CFO Steve Baker explains that the company has been around since December of 2000, but has been in the start-up phase all of its life. This poses some unique accounting challenges as the company generates the funding necessary to continue...
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