Nonprofits Turn Focus to Major Donors

The nonprofit sector is facing a severe departure from the boom of the last decade. Predictions place numerous risks at the feet of fundraisers. From the increased privatization of problem-solving to the politicization of giving, the potential for charitable sector...

Should You Extend Your 2019 Tax Return?

Roughly 15 million individual taxpayers filed for an automatic six-month extension for the 2018 tax year, according to the IRS, compared with about 10 million people in previous years. Why did the number of extensions surge last year? Most changes under the Tax...

How Industry Fits Into the Valuation Puzzle

IRS Revenue Ruling 59-60 is an essential building block of modern appraisal practice. It identifies “the condition and outlook of the specific industry” as one of the factors to consider when valuing a private business. But how do investors measure...

Five Payroll Tax Developments for 2020

Along with a new year comes new payroll rules. Here are five highlights: 1. Significant revisions have been made to Form W-4.The IRS redesigned Form W-4, beginning with the 2020 tax year. The form was revised to take into account changes from the Tax Cuts and Jobs...

Considering a Business Relocation?

When the wind is at your back, you can afford to endure a relatively high cost structure and intangible negatives associated with where you operate your business. However, good times don’t last forever and the idea of relocating your company to a more favorable...