The commerciality doctrine was created to address concerns over nonprofits competing at an unfair tax advantage with for-profit businesses. It could trip up your organization if you’re not careful. Read on.
Most of us are very happy to have turned the page on 2020. If you’re a business owner, after the confetti clears in 2021, make sure everyone at your company is thinking about ways to build the bottom line.
Few business owners look forward to creating an annual budget. Nonetheless, this is an important process that can be made better by attending to some key details.
To arrive at a value, business valuation experts rely on the accuracy of financial statements. What if fraud has distorted their numbers? Here’s how valuation professionals take action.
Who cares if your financial statements are late? Lenders and investors are looking for reassurance that you’re doing OK in today’s unprecedented conditions. Procrastination may cause them to presume the worst.
Is your business ready to reopen or expand its operations under local COVID-19-related guidelines? You’ll face difficult decisions but may also encounter practical opportunities.