Weighing the Financial Impact of Nonprofit Mission Drift
Written by the Nisivoccia Team Mission drift often happens gradually, especially for nonprofits that have served their communities for many years. As community needs and…
Beware of Potential Tax Issues When Selling Intangible Assets
Written by the Nisivoccia Team Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all…
Beyond Compliance: Use Your Financial Statements to Improve Performance
Written by BKR International Under U.S. Generally Accepted Accounting Principles, comprehensive financial statements include three reports: the balance sheet, income statement and statement of cash…
The Pros and Cons of Alternative Investments for Nonprofits
As your not-for-profit looks for new ways to strengthen long-term financial performance, you might be considering alternative investments. They boost diversification and can provide higher…
4 Reasons Contractors Should Exceed Safety Expectations
Written by the Nisivoccia Team Running a construction business requires compliance with the Occupational Safety and Health Administration’s (OSHA’s) many rules. But there can be…
Self-Employed? Don’t Overlook a Roth IRA
Written by the Nisivoccia Team Some small business owners overlook Roth IRAs because they assume their income is too high for them to qualify to…