Not-for-Profit: What it takes to manage an endowment
NFP Endowments Every nonprofit dreams of receiving a large endowment that will keep it financially worry-free in the future and allow it to fulfill its mission with ease. But, in…
When Will Stocks Stabilize?
How deep will this correction ultimately be? Provided by Dane A. Wilson, Wealth Management Advisor January may prove to be the worst month for stocks in eight years. The S&P…
IRS Extends Affordable Care Act Reporting Deadlines
Welcome Relief for Employers By Jeffrey R. Spencer, CPA, Principal, Ciuni & Panichi, Inc. The Internal Revenue Service (“IRS”) has issued Notice 2016-4 which automatically extends the due dates of…
January Tax Tips
Congress passes “extenders” legislation reviving expired tax breaks for 2015 Many valuable tax breaks expired December 31, 2014. For them to be available for 2015, Congress had to pass legislation…
The Pros & Cons of Roth IRA Conversions
What are the potential benefits? What are the drawbacks? Provided by Dane A. Wilson, Wealth Management Advisor If you own a traditional IRA, perhaps you have thought about converting it…
Protect your business with good internal controls
The cost of fraud is too high to ignore By: Mike Klein, Partner The 2013 Global Fraud Report survey reports 70 percent of companies suffered from at least one type…
December Tax Tips
Avoid a 50% penalty: Take retirement plan RMDs by December 31 After you reach age 70½, you must take annual required minimum distributions (RMDs) from your IRAs (except Roth IRAs)…
November Tax Tips: ACA Information Reporting Requirement
Gearing up for the ACA’s information reporting requirements Starting in 2016, applicable large employers (ALEs) under the Affordable Care Act (ACA) will have to file Forms 1094-C and 1095-C to…
Social Security Update: The End of File and Suspend
A great claiming strategy to try and optimize Social Security benefits disappears. Provided by Dane A. Wilson, Wealth Management Advisor Congress just changed the Social Security benefit rules. On October 30,…