Although not technically required, the IRS recommends nonprofit board members be provided with a copy of the organization’s Form 990 before it is filed. Why is This Considered a “Best Practice?” Assists in fulfilling board responsibilities for oversight of…
Nonprofit organizations depend on the dedication and ethical conduct of their board members to achieve their missions effectively. Nonprofit board members are entrusted with three fundamental legal duties: duty of care, duty of loyalty, and duty of obedience. Duty…
Orientation Nonprofit board orientation is more than just a formality. It is the foundation from which an organization’s board members grow. A well-planned orientation equips new board members with essential knowledge about the nonprofit’s missions, activities, and structure. It is…
A strong nonprofit board is essential to accomplishing organizational objectives. Here are some important reminders and advice to support the success of your nonprofit board. Board Composition The intention is to have a diverse board with expertise in different areas…
We are hosting a Nonprofit Lunch & Learn in partnership with Advance Casper on Tuesday, November 12th from 12-1pm at Casper College. Please RSVP for this event by emailing [email protected]. Audit Partner Jeff Yennie, CPA, CVA, and…
Please join us for a Hospitality industry lunch and learn on November 12th from 12pm-1pm at our Rapid City office, 810 Quincy Street. Lunch will be provided for in person attendees, but space is limited. Please RSVP by November 5th…
It is with a mix of gratitude and sadness that I announce the retirements of two of our firm’s esteemed colleagues, Denise Webster and Perry Kudrna. Their combined decades of service have shaped our firm into the respected organization it…
Staffing issues have become a struggle for many companies in the last few years. Because of this, you may be considering hiring temporary workers. Many of these visitors obtain work in the hospitality industry including hotels, restaurants, and tourism.
Fall is officially here, and it is time to start thinking about end-of-year tax planning which includes form 1099s. The IRS requires these forms to be issued by a taxpayer engaged in a trade or business when they make payments…
In my youth, the phrase that boosted profits was, “Would you like fries with that?” Today, with the swivel of a tablet, we are asking our customers, “Would you like to add a tip?” According to Restaurant Business Magazine,…
