Monthly Archives

June 2016

News
June 29, 2016

Today’s asset purchase could turn into tomorrow’s tax break

Shopping, anyone? If your business is in need of office equipment, computer software or perhaps an HVAC system, the purchase you make today could provide you with a tax break tomorrow — or, more specifically,…
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2016 Summer Not-for-Profit Newsletter
June 29, 2016

An Executive Compensation Checkup

One of the quickest ways for a nonprofit to get in trouble is to pay officers and key employees excessive salaries. To keep on the straight and narrow, consider these five tips for making your…
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2016 Summer Not-for-Profit Newsletter
June 28, 2016

Compliance Issues – Understanding Excess Benefit Transactions

When someone in your organization receives far more benefit from a transaction than the nonprofit does, it can result in an “excess benefit transaction.” These self-serving transactions are not taken lightly by the IRS. Not…
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2016 Summer Not-for-Profit Newsletter
June 28, 2016

Preparing for Disruption – Is Your Disaster Recover Plan on Track?

It seems the world is an angrier place these days — from violent weather to violent people. Whether the havoc comes compliments of Mother Nature or a band of marauding hackers, it’s critical for nonprofits…
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2016 Summer Not-for-Profit Newsletter
June 28, 2016

Form 990 – Is Your Board Onboard?

IRS Form 990 provides a very public view of your nonprofit organization — everything from program accomplishments to executive salaries and fundraising costs. These are the in-depth details that the media, charity watchdog groups and…
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News
June 27, 2016

Business owners: Put your successor to work before you set sail

A hastily chosen or ill-prepared successor can lead a company astray or, in worst cases, mismanage it into bankruptcy. Before you set sail into retirement or perhaps on to your next great professional adventure, make…
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News
June 24, 2016

Offer deferred compensation? Be careful about compliance

Congress enacted Section 409A of the Internal Revenue Code more than 10 years ago in response to scandals involving Enron and other corporations. If you offer employees deferred compensation as a benefit, it’s critical to…
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News
June 22, 2016

Cultivating your company’s strategic plan

Most companies start life as a business plan. Eventually, that plan should evolve into a formal strategic plan document that lays out key initiatives for the business over the next three to five years. Unfortunately,…
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News
June 20, 2016

Squar Milner Welcomes Keith Downs

Area of Focus Keith Downs is a Principal at Squar Milner and has over 20 years of public accounting experience. He has extensive experience providing strategic tax planning, compliance and accounting services to both public…
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News
June 13, 2016

Choosing a funding method for your buy-sell agreement

Anyone who owns a closely held business with at least one other partner needs to take certain steps to guard against business disruption. If one partner departs suddenly, or becomes disabled or dies, serious confusion…
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