There's nothing more upsetting than getting to tax time and finding out you're going to be hit with a tremendous amount due. A large tax burden can throw a budget off for months to come. Of course, you don't want to have too much withheld either. It's certainly a great feeling to get a...
Read more →The IRS has issued final regulations related to the recently redesigned Form 990 (Return of Organization Exempt From Income Tax), which is required for most tax-exempt entities. Not surprisingly, the final regulations generally follow guidelines established by proposed regulations in 2008. The sweeping changes approved by the final regulations take effect on September 7, 2011,...
Read more →When supporting decisions to bid or not to bid on a federal contract, your company’s development and sales staff members may focus on the potential amount of the sale, as well as your enterprise’s ability to deliver the goods or perform the work. However, when forecasting profit margins, the hidden costs of complying with...
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