Over the years, we have seen physician compensation models lessen in complexity, but that doesn’t mean your healthcare financials will be a walk in the park. With numerous payment structures to choose from, it’s a challenge to align one with your organization.
Where should you […]
As a member-based nonprofit organization, tracking and efficiently managing your membership dues is key to your continued success. With the right accounting processes, you’ll generate more revenue, foster better member relations, and gain in-depth insight into your financial trends. Let’s start by diving into our guide to {{{{link id='53797' text='membership dues accounting'}}}} and taking [...]
As a nonprofit membership organization, building value for your members and donors is high on your list of priorities. Keeping your members happy and focusing on donor relations is essential to pursuing your mission.
If your business is currently using the Great Plains software by Microsoft Dynamics and you have numerous divisions, entities, or locations to contend with, you should consider upgrading your financial software to Sage Intacct. Today, a large number of businesses rely on cost-intensive accounting systems that can only be accessed on-site, which worsens productivity and [...]
What is Real Estate Rent Roll? As a real estate company or investor, you're constantly aware of your investments’ performance and looking for opportunities to build value. It’s natural to focus on the financial aspect of your assets, as this fuels your growth potential and investment portfolio. By creating an accurate rent roll as [...]
Understanding The Basics: 1031 Tax Deferred Exchange for Real Estate If you’re a property developer, investor, or real estate company, you should be familiar with IRC Section 1031 for your real estate reporting. This code provides an effective tax strategy for exchanging one real estate investment or business property for another of like-kind and [...]
Many construction companies have a system for estimating the costs associated with a particular job or project. Understanding current and projected expenses will help you see whether or not the project is lining up with your budget.
However, getting an accurate glimpse […]
Everything You Need to Know About Retainage for Construction Contracts As part of the construction industry, you must navigate the ins and outs of complex laws, regulations, and deadlines as defined in your construction contract. Retainage is one of the many terms you need to be familiar with to be sure you and your employees [...]
As the pace of change continues to accelerate, nonprofits are finding new and creative ways to keep up. Today’s leading nonprofits are perfecting the art of virtual fundraising and volunteering. They’re implementing fresh social media strategies. They’re creating innovative donor retention programs. And they’re driving their missions forward despite myriad ongoing global challenges. It’s a [...]
If your company is in need of a new hire, you can choose to hire an employee or a contractor. Both of these roles have different benefits, costs, and tax implications. To understand what these differences are, you should first know how the contractor position varies from a standard employee. The option that's best for [...]
