Why your nonprofit might want to compensate board members
Because most not-for-profit board members serve voluntarily, you may not have known compensating them was an option.
Estate planning vocab 101: Executor and trustee
Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint as the executor of your estate and the trustee of your trusts. These are important appointments, and, in fact, both roles can be filled by the same person.
Putting accountability into practice
At its base, “accountability” means taking responsibility for outcomes — both good and bad. But one common byproduct of accountability is that results are actually more likely to be positive than negative.
Supplementing your company’s health care plan with an EBHRA
Is your business ready to take its health care benefits to the next level? One way to do so is to supplement group health coverage with an Excepted Benefit Health Reimbursement Arrangement (EBHRA). Here are some pertinent details. Rules to follow
Use QuickBooks Online effectively: 7 best practices
Here are seven ways you can be safe, compliant, and productive when you’re using QuickBooks Online.
SEK wins two categories in Tri-State’s Best awards
FOR IMMEDIATE RELEASEOctober 26, 2022 SEK Wins Two Categories in Tri-State’s Best Awards
Keep your religious congregation on the financial straight and narrow
Religious congregations usually enjoy greater protection from federal government oversight than other not-for-profit organizations.
Providing fringe benefits to employees with no tax strings attached
Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax on the value of these benefits. Here are examples of two types of benefits which employees generally can exclude from income: