Blog Archives
Special Needs Trusts: What Expenses Can They Pay For?
A special needs trust or a supplemental needs trust can be established to help a disabled individual who is receiving assistance from the…
Writing Off Worthless Stock Investments
Over the years, many of us have bought stock in a company that later failed. Examples include Enron, Adelphia, Global Crossing, Worldcom and…
Revenue Recognition for Nonprofits
The Financial Accounting Standards Board (FASB) has issued new accounting standards for recognizing revenue, ASU No. 2014-09, Revenue from…
Taxes On Personal Injury Awards And Settlements
Hopefully, you will never need to know how payments for personal injuries are taxed. But here are the rules, just in case you or a loved one…
Fight Internal Fraud With 8 Precautions
When you read in the paper that a "trusted employee" has been charged with embezzlement, it can be shocking. But then, of course, it makes…
Keeping The Business In The Family
Many successful small companies are family owned and run. And, there's a good reason for it. It takes passion to make a go of it in…
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