Work-issued Credit Cards: How to Prevent Staffer Abuse

No employer expects its staffers to misuse work-issued credit cards, but it happens sometimes. To help prevent unauthorized charges and provide a response plan, craft a credit card use policy.
Reasons an LLC Might be the Ideal Choice for Your Business

A limited liability company can provide personal liability protection from creditors while delivering tax benefits. Is it right for you?
Cross-Training Initiatives Can Get Your Whole Organization in Shape

Cross-training staffers to do one another’s jobs isn’t a new idea. But it can be a simple and effective way to boost your nonprofit’s resilience to unplanned and potentially harmful events.
2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Spring is here, along with a bunch of tax-related deadlines. Here are some upcoming dates that businesses and employers should keep in mind.
QuickBooks Desktop will be Unavailable to New Subscribers this July

QuickBooks Desktop is planning to stop selling several products to new US subscribers after July 31, 2024. Here’s what you need to know.
Bartering is a Taxable Transaction Even if No Cash is Exchanged

If your small business would like to exchange goods & services without exchanging money, you may be able to barter. But be aware, there may be consequences.
Taking Your Spouse on a Business Trip? Can You Write Off the Costs?

The rules for deducting a spouse’s travel costs are very restrictive for small business owners. Here’s what you can & can’t write off for tax purposes.
Capitalizing on Opportunities for Automation in Your Organization

Learn how to streamline processes, identify areas of automation, and create a roadmap of action items with BDO Digital’s Rapid Automation Assessment.
Why Uncertainty Calls for a More Flexible Budget

When times are turbulent, your nonprofit’s budget could end up falling short. Consider a more flexible rolling budget or reforecast your current budget.
If Your Business has Employees Who Get Tips, You May Qualify for a Tax Credit

If you’re a restaurant owner with employees receiving tips, you may qualify for a lucrative tax break. Here’s what you need to know.