Private higher education institutions face an uphill battle when it comes to finances, but one thing is for sure - leadership wants financial transparency and accurate data to keep the institution moving forward.
You know the drill – the longer you go unpaid the harder it is to collect. Your medical practice needs every dollar accounted for to keep running efficiently and effectively. A/R outsourcing or short-term A/R cleanup can help you significantly grow your cash flow.
Kentucky's Angel Investment Act applications will open on Monday, January 4, 2021 at 9 a.m. EST in Frankfort, KY. The Act authorizes a tax credit program through which qualified investors can receive an individual income tax credit of 25-40% of their investment depending on the county of the investment.
Lenders are being required by SBA to send Loan Necessity Questionnaires to borrowers with Paycheck Protection Program (PPP) loans of $2 million or more. There are also questions surrounding a second round of PPP loans.
Organizations must be proactive with their controls and prevention measures in order to prevent fraud from happening. Our team of experts have put together a list of three easy steps that your organization can take today to help keep your assets secure.
Effective for tax year 2020, the IRS has changed the way non-employee compensation should be reported. This was previously reported on 1099-MISC Box 7. Non-employee compensation will now be reported on 1099-NEC Box 1. It's time to consider upgrading your accounting software to make changes around this easy and efficient.