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While every organization must arrive at its own definition of financial stability, prioritizing the management of financial assets can allow organizations the freedom to provide their vital programming and eventually achieve sustainability.

Do you need an international tax consultant? If you’re a multinational company with foreign earnings, you just may. The Tax Cuts and Jobs Act of 2017 (TCJA) included several international tax provisions, including a tax on a new category of global intangible low-taxed income, also known as GILTI.

While some high-net-worth individuals have a personal assistant or a single-family office, this article focuses on the multifamily office, including who can benefit and the advantages they provide.

The second time around was the charm for the Taxpayer First Act (TFA), legislation that makes taxpayer-friendly improvements at the IRS. After passing the House for the second time, the Senate signed off on the taxpayer-friendly bill on June 13 with expectations that the president would sign the new legislation into law.

Are you aware of how the new revenue regulation rules might impact your business valuation? In general, a change in accounting practices will not make a company more or less valuable. However, as a company transitions to the new revenue recognition standard, there may be shifts or delays based on the timing of revenue recognition.

The phrase “financial sustainability” in the context of nonprofits generally refers to an organization’s ability to sustain itself over an extended period of time in support of its central mission. According to a 2018 report on the financial health of America’s nonprofits, many organizations are facing major financial crises.

After any major tax reform, it typically takes a full tax cycle to truly understand its implications for business owners and individuals. That is certainly true of the Tax Cuts and Jobs Act (TCJA) of 2017. With the 2018 filing season at its midpoint, what lessons have we learned, and how will they inform tax strategy moving forward?

One question that is often overlooked in the excitement of early-stage entrepreneurship is, “How should I set up my business?” The answer really depends on the short- and long-term goals for your venture.

As a business owner, the last thing you want to worry about is whether any of your employees are stealing from the company. If your company or organization doesn’t have firm policies and procedures in place to mitigate opportunities for employee theft, you could become a victim of employee theft.

With a busy travel season ahead of us, the IRS recently warned federal tax debtors about a little-known law affecting taxpayers who need passports.