Proposed Tax Reform

October 11, 2017

A big issue out in the open is that the current federal administration wants to make some tax reforms. This reform will change many of big tax rules currently in place. Most people are sitting around waiting on guidance as to what will change so they...

Accounting Standards Update (ASU) No. 2016-14 Review

September 27, 2017

The Financial Accounting Standards Board in August of 2016 issued ASU No. 2016-14 that was titled Not-for-Profit Entities: Presentation of Financial Statements of Not-for-Profit Entities.  This new standard applies to all not-for-profits and is...

Donating to Disaster Relief Charities

September 25, 2017

With all of the wildfires, hurricanes and other weather related damage that have occurred recently, you may be approached by a charity to help contribute to the relief efforts.  Although there are many organizations helping in the areas affected by...