Ross Van Laar, CPA and Assurance Manager at TDT, explains considerations for nonprofit organizations when accepting gifts. With more than seven years of experience, Ross specializes in audits of nonprofits, governmental entities, and employee benefit plans. Nonprofits face unique legal, ethical, and accounting challenges due to requirements for complying with donor restrictions on donations. A [...]
This week's segment of the Nonprofit Performance Measurement video series, Amanda Lane, CPA, provides guidance on how to measure the savings indicator rate.
The tax filing season is well underway with deadlines coming and going and increased timing pressures. With the season comes look-backs and look-forwards. One of the biggest tax items affecting nearly every farm operation in 2018 and beyond is the IRC Section 179 Expense. The federal government has been generous with this deduction; however, Iowa [...]
Dan Montgomery, CPA, provides this week's session of the Performance Measurement video series on the topic of Volunteer Hours.
Strong succession plans are vital to the sustainability of the business and should include family meetings to discuss plans to join the business and the vision for the business . For even the most successful closely held business owners, succession planning can be even more difficult than other critical business decisions they have faced. One [...]
We provide the first in our Performance Measurement Video Series. This week's episode is on the metric: Funds Available for Temporarily Restricted Net Assets.
Where to start? It’s true, all organizations, no matter the type, have one thing in common: they must manage their sources of revenue to survive. With government cut-backs and tax reform, it’s important to understand what steps can be taken to continue to seek out new sources and manage the sources you have. Without revenue, [...]