The days of manually collecting cash or check payments for rent are gone. From mobile rent payment and maintenance requests to digital property management and automated investment analysis, proptech is set to revolutionize commercial real estate.
It's becoming increasingly difficult to hire and retain qualified people to staff finance and accounting functions. Many of our clients ask what they can do to address today’s talent gap and keep their accounting function lean. One of the solutions our clients consistently want to discuss is FAO — finance and accounting outsourcing.
Whether through RetirePath, a new state-sponsored and mandated retirement plan, or offering another employer-sponsored plan, the question now for Virginia contractors isn’t whether to offer a retirement plan, but which one.
As selling overseas becomes easier and staff becomes more internationally mobile, understanding foreign tax filing requirements is critical. A good place to begin is by considering the permanent establishment threshold.
Two previous articles in this series went into detail about how nonprofits can incur taxable income from advertising or sponsorship sales, and how different the taxable impact can be depending on the relationship of certain costs to certain types of income. There is another important consideration of UBTI and advertising: allocable membership receipts.
A more tech-savvy IRS? That’s the plan, and it’s happening soon. In the 2024 tax filing season, taxpayers will have the option to go entirely paperless with the IRS.
As our government clients strive to optimize the way they manage finances, compliance with Office of Management and Budget (OMB) requirements is critical. When it comes to the Schedule of Expenditures of Federal Awards (SEFA), it’s important to implement procedures that ensure an accurate and complete SEFA.
If you're a small business owner, you may have come across the term ESG and wondered about its meaning. ESG stands for Environmental, Social, and Corporate Governance, which are important factors that investors use to evaluate companies of all scales.
The US has issued an executive order banning all federal contractors and employees from downloading or using TikTok on any device that is owned by the government, citing security concerns. This ban has sparked much debate about the future of the platform and what this means for users.
Nonprofits can generate revenue from their periodicals through advertising; while this type of revenue is considered to be an unrelated trade or business activity, it might not always be taxable. The key is to understand the relationship between certain costs and types of income.
As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.
