What Services Does a Virtual Accountant Offer?
What is a virtual accountant? How might they help your company? In our article about virtual accounting, we break down the typical issues businesses face and how virtual accountants can help:
Accountable to a higher power: How church accounting services can transform your ministry
As religious institutions, churches have unique needs when it comes to reporting their finances. Wondering whether to hire an in-house accountant or to outsource? Check out our article on the many considerations churches face
Avoid losing your NFP tax-exempt status
Once your nonprofit organization gets approved by the IRS for a tax exemption, you must maintain tax exemption. You must know what actions or activities could jeopardize your tax-exempt status.
Changes to NFP reporting of gifts-in-kind
There is a new emphasis and an upcoming required change in how your NFP financials will present and disclose gifts-in-kind. Accounting Standard ASU No. 2020-07 has mandated this change. It will be effective for annual periods beginning after June 15, 2021. This Accounting Standard improves transparency for gift-in-kind transactions by requiring the following:
Accounting Software Program Features that can Help You Stay on Track
Accounting software has become a critical resource for business. Learn how to find a solution for yours!
Questions to Ask an Accounting Firm before Working Together
The best way to find the right accountant for your company is by simply asking questions
Nonprofit Accounting 101: Essentials for Navigating Your Nonprofit’s Books
Beyond the federal requirements and day-to-day accounting needs, your finances fuel the change you want to make in the world.