The IRS recently announced an important change impacting tax exempt organizations. Starting on January 3, 2022, Form 1024, Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code must be submitted electronically. For helpful details, including information about the 90-day grace period and specifics about the application fee, click …..
Successful nonprofits tend to be those that are agile and adaptable—they are able to roll with the punches and survive in the face of unexpected events, such as, perhaps, a pandemic. Recently, Forbes asked the 14 members of its Nonprofit Council for their advice on making nonprofits more agile. Click here to read about the …..
The end of the calendar year—especially the days and weeks surrounding #GivingTuesday—is a key time for nonprofits to be reaching out to donors. That said, you should be wary about dropping the ball come January. A recent article from The Nonprofit Times offers some helpful tips for “flipping” your end-of-year campaigns into an ongoing marketing …..
Zeroing in on What the Post-pandemic Nonprofit Sector Might Look Like
A recent report from Salesforce.org offers some interesting information about trends in the nonprofit sector, according to a new article from The Nonprofit Times. Nonprofits are experiencing major shifts in how they function, as a result of the coronavirus pandemic. To learn more about how fundraising, diversity strategies, and finding new donors have been impacted, …..
It’s your time to shine Who is your favorite author? What is the best book you’ve read? Barbara Kingsolver is my favorite author, but my favorite book is Zeitoun by Dave Eggers. What is your favorite movie and/or TV show? Downton Abbey. What did you want to be when you were growing up? A Teacher. …..
How Businesses Can Recognize and Combat Employee Burnout
According to the job site Indeed, COVID-19 has taken a toll on workers even more in 2021, compared to 2020. The survey conducted by Indeed found that 52 percent of those surveyed felt “burned out” in 2021. Sixty-seven percent of those asked said that feeling burned out has become more pronounced as COVID-19 has progressed. …..
Fed Chair Nomination in 2022: How Will it Impact Markets?
As the Board of Governors of the Federal Reserve System points out, Jerome Powell was appointed to a four-year term on Feb. 5, 2018. With the Fed Chair’s term expiring in February 2022, there has been much uncertainty as to whether he would be reappointed or replaced. Powell’s first term as the Chair of the …..
Year-End Tax Planning Tips for Individuals and Businesses
Here we are again, nearing the end of another year. While the tax deadline for 2021 isn’t until April 2022, now is the time to plan and make some strategic moves to optimize your tax situation. Below we’ll look at some tax planning ideas for both small businesses and individuals. Business Tax Planning Business owners …..
If you’ve been paying attention to the news of late, you are probably familiar with the phenomenon termed “The Great Resignation.” Across all industries, resignation rates have dramatically risen in the last year, writes Jeff Carson in an article for Manufacturing Business Technology. Carson offers helpful advice for maintaining your workforce in the face of …..
Why You Should Consider Implementing a Predictive Maintenance Model
Equipment maintenance is exceedingly important to the smooth functioning of your manufacturing operation. By employing intelligent automation and data collection systems, you can transform traditional scheduled and reactive maintenance efforts into predictive maintenance, writes Guy Eden in a new article from Industry Today. Implementing data-driven predictive analytics and maintenance can go a long way in …..
Global disruptions and shifting consumer behavior have made achieving growth in the manufacturing sector an elusive goal in recent years. In a new article from Industry Today, Oliver Wright offers four tips for manufacturers seeking to drive growth within their businesses. Click here to learn about pursuing success, rather than financial performance, seeking growth in …..
Though the operational shifts catalyzed by the coronavirus pandemic were difficult and complicated, many of the changes made are worth keeping, writes Mark Kapczynski in a recent article for Manufacturing Business Technology. The disruption exposed supply chain vulnerabilities that already existed and forced manufacturers to come up with solutions sooner rather than later. Click here …..
Why Contract Wording Can Make or Break a Construction Business
Unfortunately for construction business owners, the pandemic ushered in an extended period of supply chain disruptions and materials pricing volatility. In a recent article from Construction Dive, author Joe Bousquin discusses why the nitty gritty details of a contract are incredibly important in the current construction economy. Bousquin’s analysis includes a look at key types …..
Pandemic Continues to Put Pressure on Construction Businesses
As the pandemic carries on with no definitive end in sight, construction companies continue to face a variety of difficult challenges. In a recent article for Construction Executive, Matt DeVries details some of what they currently face. For tips on how to combat difficulties caused by increased safety concerns, large labor shortages, rising materials costs, …..
Demographic Shifts in the Construction Workforce Require Thinking Outside the Box
The demographics of the construction workforce are undergoing a massive shift, writes Michel Richer in a recent article for Construction Executive. In order to successfully build and maintain a team, construction businesses need to rely upon existing workforce data to inform their decisions. Click here to learn about how understanding hiring trends, understanding skills gaps, …..
Crafting an exit strategy from your construction business is key to the longevity of the business and to securing your own wealth and legacy, says a recent article from Construction Business Owner. Author Randi Bakalar recommends that you start planning early in order to build a secure exit plan. For more information, including a five-step …..
Regrouping and Restrategizing in the Post-pandemic Nonprofit Sector
In light of the coronavirus pandemic and the enormous impact it had on the nonprofit sector, now is the time for organizations in this area to reevaluate and reconstruct their strategic visions. They should especially consider how to more thoroughly incorporate the advice and guidance of a CPA into their operations, writes David Rottkamp in …..
If passed, two potential pieces of federal legislation currently working their way through Congress could have big repercussions on the nonprofit sector. Author Mark Hrywna, in a new article published by The NonProfit Times, details how policies included in two infrastructure bills could impact donor support. For details on key policy items, including the Universal …..
You are probably well aware that burnout is a big problem for nonprofits, particularly for leaders. According to Tiloma Jayasinghe, author of an article recently published by Nonprofit Quarterly, both nonprofit boards of directors and philanthropists can play a direct role in protecting the leaders of their organizations from becoming burned out. Click here to …..
Creating Sound Technology Policies for Your Virtual Team
When teams move to a virtual work environment, the technology solutions that they use in order to get their jobs done become more important than ever. As such, it is vital that organizational leaders be very aware and active when it comes to choosing, implementing, and creating policies for the technologies that their team uses. …..