Local governments: Strengthening internal controls to prevent fraud
Local governments carry big responsibilities, often with lean teams, tight budgets, and a high bar for public trust.
Donate appreciated stock for twice the tax benefits
Saving taxes probably isn’t your primary reason for supporting your favorite charities, but tax deductions can be a valuable added benefit. If you donate long-term appreciated stock, you could potentially save even more.
Governmental entities: How to prepare for an audit
Preparing for an audit is a year-round process with several components, making it a challenging task for some. Understanding the contributing factors and timeline of an audit can help ensure you complete yours on time and accurately.
There’s still time for businesses to benefit from clean energy tax breaks
The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, extends or enhances many tax breaks for businesses. However, the legislation terminates several business-related clean energy tax incentives earlier than scheduled.
Understanding cost reporting for Federally Qualified Health Centers
As a Federally Qualified Health Center (FQHC), accurate and timely cost reporting is more than a compliance requirement, as it directly affects your reimbursement and financial health.
Feeling charitable? Be sure you can substantiate your gifts
As the end of the year approaches, many people give more thought to supporting their favorite charities. If you’re inclined to give charitably and you itemize deductions, you may be entitled to deduct your charitable donations.
Make recruiting volunteers a community affair
For many people, autumn is a time to start fresh. Kids are back in school, and adults may have more time to pursue new hobbies and interests before the rush of the holiday season. So, if your nonprofit could use some helping hands, now’s a good time to recruit volunteers from your community.
Making the most of the new deduction for seniors
For 2025 through 2028, individuals age 65 or older generally can claim a new “senior” deduction of up to $6,000 under the One Big Beautiful Bill Act (OBBBA). However, an income-based phaseout could reduce or eliminate your deduction.
SEK named one of the Best Places to Work in PA for 2025
Central Penn Business Journal and Lehigh Valley Business have named SEK, CPA & Advisors as one of the Best Places to Work in PA for 2025 in the medium employer category.
Don’t let beneficiary designations thwart your estate plan
For many individuals, certain assets bypass their wills or trusts and are transferred directly to loved ones through beneficiary designations.