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December 29, 2017

Make budgeting part of your New Year’s resolution

Make budgeting part of your New Year’s resolution
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It’s important to resist the temptation to rely on gut instinct or take shortcuts when budgeting for 2018. Creating a solid budget that’s based on the three components of your company’s financial statements will help you manage profits, cash flow and debt.
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December 27, 2017

Make New Year’s resolutions to improve profitability

Make New Year’s resolutions to improve profitability
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Many people scoff at New Year’s resolutions. It’s no mystery why — these self-directed promises to visit the gym regularly or read a book a month tend to quickly fade once the unavoidable busyness of life sets in.
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December 25, 2017

How nonprofits can successfully execute a capital campaign

How nonprofits can successfully execute a capital campaign
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When your not-for-profit desperately needs a new facility, costly equipment or an endowment, a capital campaign can be the best way to raise funds. But to be successful, a campaign requires strong leadership, extensive planning and dedicated participants.
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December 21, 2017

What you need to know about year-end charitable giving in 2017

What you need to know about year-end charitable giving in 2017
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Charitable giving can be a powerful tax-saving strategy: Donations to qualified charities are generally fully deductible, and you have complete control over when and how much you give. Here are some important considerations to keep in mind this year to ensure you receive the tax benefits you desire.
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December 20, 2017

Tax Cuts & Jobs Act Conference Report

Tax Cuts & Jobs Act Conference Report
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The House of Representatives voted on Tuesday afternoon to pass the Tax Cuts and Jobs Act by a vote of 227–203 and it passed in the Senate by a vote of 51-48. Due to technicalities, The House re-voted on the bill this morning, once again passing it, by a vote of 224-201, and it is now going to President Donald Trump for his signature. The president is expected to sign the bill, but the White House has not announced when he will sign. (more…)

December 19, 2017

5 strategies for struggling nonprofits

5 strategies for struggling nonprofits
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If your not-for-profit is struggling financially, you’ve probably already taken steps to cut costs, such as wage freezes and layoffs. But to keep your organization afloat, you may need to come up with more creative ways to generate operating cash flow. Here are five:
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December 19, 2017 BY Yosef Z. Klein

Status of Qualified Tuition Reduction

Status of Qualified Tuition Reduction
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Last week, on December 15th , the Joint Committee on Taxation released a conference report on the Tax Cuts and Jobs Act. The House proposal included the repeal of the “qualified tuition reduction” exclusion from income, however the conference report does NOT include any mention of repealing the “Qualified Tuition Reduction” exclusion from income.
If the Tax Cuts and Jobs Act is enacted in its current version, educational institutions and their employees will continue to benefit from the “Qualified Tuition Reduction” exclusion from income.

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December 17, 2017

Should you buy a business vehicle before year end?

Should you buy a business vehicle before year end?
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One way to reduce your 2017 tax bill is to buy a business vehicle before year end. But don’t make a purchase without first looking at what your 2017 deduction would be and whether tax reform legislation could affect the tax benefit of a 2017 vs. 2018 purchase.
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December 14, 2017

7 last-minute tax-saving tips

7 last-minute tax-saving tips
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The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2017 tax liability — you just must act by December 31:
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December 13, 2017 BY Yosef Z Klein

10 Tax Moves You Should Consider Before Year End

10 Tax Moves You Should Consider Before Year End
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Tax laws for businesses are constantly changing, and they seem to get more complicated every year. Join Roth&Co expert Yosef Klein, CPA to learn the most important tax moves to make before the calendar flips—so you can keep more of your hard earned money and feel confident going into 2018.

December 06, 2017

Get smart: How AI can help your business

Get smart: How AI can help your business
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The artificial intelligence (AI) revolution isn’t coming — it’s here. While AI’s potential for your company might not seem immediately obvious, this technology is capable of helping businesses of all shapes and sizes “get smart.”
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