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Joint ventures between Section 501(c)(3) organizations and businesses are becoming increasingly common. Such arrangements can also provide a nonprofit with access to capital and outside expertise while helping to further its mission.
Read MoreAutomation tends to involve software, but it’s never about reducing an organization’s head count. Instead, it’s about eliminating redundancies, paper, and inaccuracies while empowering employees to focus on meaningful work.
Read MoreThe Tax Cuts and Jobs Act of 2017 (TCJA) has been lauded for reducing the U.S. corporate income tax rate from 35 percent to 21 percent. But the new tax law also takes away a long-enjoyed deduction: employee parking costs. Now, all employers—regardless of industry or entity type—may lose business tax deductions on parking provided to employees.
Read MoreMinnesota’s minimum-wage rates will be adjusted for inflation beginning Jan. 1, 2020, to $10 an hour for large employers and $8.15 an hour for other state minimum wages.
Read MoreAbdo, Eick & Meyers continues its dedication to provide our clients with exceptional customer service and our commitment to the growth and development of our team. We are pleased to announce these recent executive-level promotions.
Read MoreA well-designed budget gives you the ability to monitor your organization, particularly its financial position, throughout the year. With this insight, you can be intentional about purchases, avoid reactive spending, effectively manage cash flow, and steer clear of potentially precarious situations.
Read MoreIf you’re a rental property owner, you know the need to renovate and make improvements never ends. Thankfully, there’s a relatively new tax law on the books, courtesy of the Tax Cuts and Jobs Act, that gives owners of commercial rental properties a significant tax benefit when making certain building improvements or repairs.
Read MoreFor the 5th year in a row, Abdo, Eick & Meyers has ranked as one of the top 200 Accounting Firms in the country by Inside Public Accounting Magazine. Now in its 29th year, the rankings are based on data collected from more than 500 accounting firms through the publication’s annual survey.
Read MoreOver the last two years, we’ve all heard about the Tax Cuts and Jobs Act and the business-friendly measures that came with it. But amid the shiny new perks of tax reform, there’s a tax credit that’s still one of the best ways for businesses—including manufacturers—to reduce their tax liability.
Read MoreBuilding value into your business generally means increasing its cash flow and reducing its risk. The truth is, it’s more than a pre-sale best practice.
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