ERC – Too Good to be True?

The Employee Retention Credit is a legitimate program, but failure to apply the actual rules of the credit to applicants and their specific situation will result in inflated credit amounts which will, in all likelihood, need to be repaid.

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Accounting Standards for Nonprofit Organizations

By: Vickie Young Beam, CPA, Principal Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage proper use of…

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Understanding the R&D Tax Credit

By: Mitchell Byerly, CPA, Senior Accountant The research and development (R&D) credit is a great incentive to spur innovation and improvements that benefit us all. Let’s take a closer look.…

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General Information About IRS Form 990

By: Alfredo T. Muniz, Staff Accountant What is the 990? IRS Form 990 is a document that most federally tax-exempt organizations, including charitable nonprofit organizations or foundations, file each year…

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