Do you have the required substantiation for your donations?
With contributions from Penny Sayre, CPA, Tax Manager Substantiation requirements must be met for charitable donations to be allowed The federal government encourages your generosity
Summer hours are in effect: Our offices close at NOON on Fridays from May 17th to July 12th
Please Note: Our office will be closed Wednesday, April 16th.
Summer hours are in effect: Our offices close at NOON on Fridays from May 17th to July 12th
Please Note: Our office will be closed Wednesday, April 16th.
With contributions from Penny Sayre, CPA, Tax Manager Substantiation requirements must be met for charitable donations to be allowed The federal government encourages your generosity
Contributions from Bernie Benyak, CPA, CFP, Tax Director The IRS released Notice 2014-54 on September 18, 2014 that provides new guidance to taxpayers for taking
On Oct. 30, the IRS issued its cost-of-living adjustments for 2015. In a nutshell, with inflation remaining in check, many amounts increased only slightly, and
On Dec. 16th, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on Dec. 3rd. TIPA is the
As we approach year-end, one of the earliest business tax reporting tasks that must be completed is preparation of information returns known as Forms 1099.
The Affordable Care Act (“ACA”) includes provisions that place restrictions on medical reimbursement plans and Health Reimbursement Arrangements (“HRAs”). These provisions are effective for plan
As we move into 2015, the tax implications of the Affordable Care Act (ACA) are becoming a reality for most individuals. The purpose of this
Many businesses will be affected by the Employer Shared Responsibility provisions of the Affordable Care Act (ACA). Beginning in January 2015, applicable large employers will
New Filing Requirements for Business by Tax Year 2014 In September of 2013, the IRS issued regulations, required to be employed on tax year 2014
Online giving jumped 14% in 2013 A study from Nonprofit Technology Network and M+R Strategic Services found that donors made more online contributions to
When your nonprofit sets the salary for an executive director or other individual key to the organization, the board of directors wants to make
Overseeing a nonprofit’s endowment fund is one of the most important roles for the board of directors. A strong investment committee, made up of
SKR+Co Not-for-Profit Newsletter October 2014 Building a foundation for effective endowment management Overseeing a nonprofit’s endowment fund is one of the most important roles
Uncertainty over expired tax provisions complicates year end tax planning Now that the final quarter of 2014 has begun, many businesses and individuals are turning
Effective Oct. 1, IRS Notice 2014-57, 2014–2015 Special Per Diem Rates, updates the per diem rates that can be used for reimbursement of ordinary and normal
Did you know that Colorado businesses, including banks, financial institutions and business entities of all types, are required to file reports and turn over unclaimed
The bumpy economy and volatile markets haven’t made saving for retirement any easier. But, you’ve still got to keep saving for your golden years.
The bumpy economy and volatile markets haven’t made saving for retirement any easier. But, you’ve still got to keep saving for your golden years.
If you donate property to charity, it’s critical that you comply with tax rules for substantiating the value of your gift. If you don’t,
Money can be a sensitive family topic. A recent survey by the American Institute of CPAs found that while more than three in five parents
You might have heard about the “Taxpayer Bill of Rights” recently released by the IRS. What’s that all about? The current IRS Commissioner, John