It is hard to believe that December is here. With the new Uniform Grant Guidance (the Guidance) becoming effective on December 26, 2014, we wanted to remind Organizations of impacts of the Guidance and certain actions that Organizations will…
The 2014 midterm election is over, and the votes have been counted. Republicans — many of them pledging to repeal or overhaul the Affordable Care Act (Obamacare) — strengthened their majority in the U.S. House of Representatives and took…
Do you remember when the Rapid City Post Office was a hive of evening activity every April 15? That was the day that you had to have your tax return postmarked — not filed or paid, just postmarked. Late into…
We want to believe people are inherently honest, especially if they’re working or volunteering at a nonprofit organization. We get involved with these organizations for the right reasons, don’t we? However, even for people with the best intentions, the…
Portability has become an important tool for most couples when it comes to estate planning. The selection of its timely use is important to understand. Let’s take a look at the opportunities portability has to offer. Portability arrived on…
The IRS has issued new guidance and forms related to the Affordable Care Act over the past few months. Following is a brief summary. The penalties for applicable large employers (ALEs) which don’t offer insurance have been deferred until…
The Internal Revenue Service (IRS) has instituted a new web-based system called IRS Direct Pay which enables individual taxpayers to pay tax bills or make estimated tax payments directly from a checking or savings account, without any fees or preregistration.
For many nonprofit and governmental organizations, especially in smaller communities, business is conducted on trust and a handshake. We want to believe people are inherently good and therefore we become relaxed in our business practices. The problem is relaxed…
What do you think of when you hear the term “strategic planning?” For a lot of you, I imagine you view it as a large concept with a long definition and many sequential tasks or steps. I want to…
Williams James, the American father of psychology, once said “The greatest discovery of my generation is that a human being can alter his life by altering his attitude.” Not every job is enjoyable. Even when you enjoy what you…
