Back to the Basics – The Federal Single Audit and the American Recovery and Reinvestment Act

A federal single audit is required if a not-for-profit organization expends $500,000 or more in a year in federal awards. In the past, certain not-for-profits did not expend enough federal awards to “trigger” a federal single audit. However, with the availability of federal funding under the American Recovery and Reinvestment Act (ARRA), many not-for-profits have [...]

Posted Under: Government Services,Not-For-Profit
This post was written by admin on December 15, 2009 Comments (0)

Tax Planning Strategies & Year-End Considerations

As the end of the year approaches, now is the time to evaluate your business and your personal tax strategies. By taking the time to prepare now, using this checklist, you will be able to develop a clearer picture of what your tax picture will look like while there’s still time to maximize current-year savings. [...]

Posted Under: Tax
This post was written by admin on December 1, 2009 Comments (3)