The IRS has released its 2026-2027 special per diem rates for business travel, and the changes took effect October 1st. If your company reimburses employees for travel expenses, now is the time to update your rates, review your reimbursement policy, and ensure your expense systems reflect the latest IRS guidance before outdated rates create compliance problems. Read our latest article to learn what changed, what it means for your business, and what your finance team should do right now.

Nonprofit boards regularly decide on compensation, vendors, and relationships with affiliated organizations. But when someone with influence stands to benefit, those decisions deserve a closer look. Our latest article walks through the key questions every nonprofit should ask before approving a transaction.

Q4 tax planning is not a single deadline; it's a series of decisions that each have their own timing. Some strategies require lead time to execute, others depend on an updated year-end forecast, and some work can legitimately carry into the new year. Knowing which category each decision falls into is what separates effective fourth quarter planning from a last-minute scramble in December.

How much cash should your business keep on hand? The answer depends on more than a simple rule of thumb. This article breaks down a practical framework for separating your cash into layers, covering operating needs, committed funds, and contingency reserves, so you can make smarter decisions about liquidity, capital allocation, and when cash truly becomes excess.

High occupancy is an encouraging sign, but it does not guarantee stronger profit. Hotel owners and finance leaders need to look beyond room counts to understand how demand translates into operating profit and cash flow. This article walks through the key metrics, from ADR and RevPAR to GOPPAR, flow-through, and debt-service coverage, that give a more complete picture of hotel financial performance.

Section 280E still applies to most cannabis businesses despite a 2026 federal rule that moved certain marijuana products to Schedule III. Understanding which activities, licenses, and products fall outside 280E is now essential to accurate tax forecasting, cash flow planning, and expense classification. This article breaks down what changed, what did not, and how to build those distinctions into your planning before year-end.

California's SB 122 will broadly apply sales and use tax to pre-written software and SaaS transactions beginning January 1, 2027, affecting both sellers and buyers. Businesses could face new obligations to collect, report, or directly remit tax on software purchases they don't pay tax on today. Here's what you need to know to start preparing before the rules take effect.

Major donors approach charitable giving strategically, often working with advisors long before making a gift. Nonprofits that understand this process and invest in building authentic relationships, demonstrating measurable impact, and engaging the right financial intermediaries are far better positioned to attract and retain transformational philanthropic support.

A capital campaign can help your nonprofit turn an ambitious vision into reality, but careful planning is essential. From building the right leadership team to securing early major gifts and making a compelling case for community impact, learn what it takes to position your campaign for success.

Corporate volunteer programs can be a powerful resource for nonprofits, but a successful partnership requires thoughtful planning and a genuine alignment of goals. Learn how to identify the right business partners, manage group volunteer events effectively, and build lasting relationships that go beyond a single day of service.

Hiring new staff can strengthen your nonprofit's programs and ease the burden on a stretched team, but it is also a significant, long-term commitment. Before you recruit, it pays to assess the work at hand, explore alternatives, and confirm your budget can sustain the position well into the future.

Fraud remains a real and persistent risk for nonprofits, where limited resources and high levels of internal trust can create financial vulnerabilities. Fortunately, practical and affordable internal controls can help protect your organization. Learn about four essential safeguards every nonprofit should consider implementing to reduce risk and strengthen financial oversight.

Debt is not the enemy of a healthy nonprofit. When used strategically and managed with discipline, borrowing can help your organization bridge funding gaps, invest in growth, and pursue opportunities that move your mission forward. Before you sign, make sure you understand the full picture.

Raising a child now costs families an average of $303,418 through age 18, and that figure doesn't even include college. The good news: the tax code offers meaningful relief. From the Child Tax Credit to 529 savings plans, understanding what's available can make a real financial difference for your family.

Divorce is one of the most financially consequential events in a person's life, and retirement accounts often make up a significant portion of marital assets. Understanding the tax rules that apply to IRA transfers and qualified plan distributions can help you avoid costly mistakes and protect your financial future.