SEK Named Best Accounting Firm in the Tristate for Second Year in a Row
FOR IMMEDIATE RELEASE SEK Named Best Accounting Firm in the Tristate for Second Year in a Row
Whistleblower policies protect both staffers and your nonprofit
According to the Nonprofit Times, only 41% of not-for-profits have whistleblower policies. Perhaps nonprofit leaders believe their organizations are too small or collegial to worry about illicit activities — let alone people reporting them.
New law tax break may make child care less expensive
The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the credit available for expenses a taxpayer pays for the care of qualifying children under the age of 13 so that the taxpayer can be gainfully employed.
Nonprofits: Hit your targets with benchmarking
How committed is your not-for-profit organization to benchmarking? Perhaps you think it makes sense in the for-profit sphere, but not as much for charities and other nonprofits. If so, you’re probably missing out on benefits — including long-term sustainability.
Dissecting the contents of a will
For many people, the first thing they think of when they hear the words “estate plan” is a will. And for good reason, as it’s the cornerstone of any estate plan. But do you know what provisions should be included in a will and what are best to leave out?
5 ways to streamline and energize your sales process
The U.S. economy is still a far cry from where it was before the COVID-19 pandemic hit about a year ago. Nonetheless, as vaccination efforts continue to ramp up, many experts expect stronger jobs growth and more robust economic activity in the months ahead.
SBA Rules Schedule C PPP Borrowers Can Use Gross Income
The U.S. Small Business Administration (SBA) issued new Paycheck Protection Program (PPP) rules that allow self-employed individuals who file Form 1040, Schedule C, Profit or Loss From Business, to calculate their maximum loan amount using gross income instead of net profit.
Adding users and security tips in QuickBooks Online
If you have one or more people besides yourself using QuickBooks Online, you’ll need to know how to set up their accounts.
Work Opportunity Tax Credit extended through 2025
Are you a business owner thinking about hiring? Employers can qualify for a tax credit known as the Work Opportunity Tax Credit (WOTC) that’s worth as much as $2,400 for each eligible employee. The credit is generally limited to eligible employees who began work for the employer before January 1, 2026. Contact SEK's business tax advisors with questions.
Should your business add Roth contributions to its 401(k)?
If your business sponsors a 401(k) plan, you might someday consider adding designated Roth contributions. Here are some factors to explore when deciding whether such a feature would make sense for your company and its employees. Contact our business advisors or retirement plan consultants for more.