Archive for June 2021
How Mixing Family and Business Could Impact Your ERC
At a glance: Don’t risk miscalculating your ERC and facing potential penalties. Contact Aprio’s ERC team to determine whether family attribution rules apply to your business. The full story: Calculating your company’s Employee Retention Credit (ERC) is no easy feat, especially once you factor in how your company’s ownership structure might impact your qualified wages. As…
Read MoreInternational Tax Considerations for Distributions From Foreign Corporations
At a glance: The Main Takeaway: U.S. taxpayers who are repatriating cash from foreign operations must appropriately consider complex federal international tax requirements. Impact on Your Business: There are important considerations taxpayers should think through before starting the repatriation process to ensure they don’t have an unexpected material tax consequence. Next Steps: Enlist the help…
Read MoreHow Payment Facilitators Can Leverage the R&D Tax Credit
At a glance: Are you eligible? Businesses — including those that facilitate payments — can reap major savings from the R&D tax credit, but many miss out on the benefit because they don’t think they qualify. Get your questions answered: If you are a payment facilitator and unsure of how the R&D credit works, check…
Read MoreHow to Beat Inflation and Save More Money
In this video, you’ll learn: How inflation is affecting your personal finances Tools you can use to better manage your personal finances and save more money How to reinvest extra dollars back into your practice You visit the grocery store and see that a gallon of milk has increased in price from $4 to $4.75.…
Read MoreThe Redesigned 990-T, Take 3
While the Form 990 has not seen many changes since it was radically redesigned in 2008, the same cannot be said for the Form 990-T, Exempt Organization Business Income Tax. Exempt organizations with unrelated business taxable income will be filing on a form that has been updated three times over three years, with the most…
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VIRTUAL EVENT:
Cybersecurity Nightmare Protection
Cybersecurity Nightmare Protection Join Aprio Cybersecurity Advisory Services and Secureworks, a global leader in cybersecurity, live online for an invitation-only, peer-to-peer conversation about cybersecurity nightmare prevention on Wednesday, July 14 at 2 pm EST. This intimate environment is an outstanding networking opportunity for all in attendance and will not be recorded. Attendees will learn how…
Read MoreWhat are Donor-Imposed Restrictions?
Donors can impose two different types of stipulations on contributions provided to nonprofits, restrictions and conditions. Donor-imposed restrictions are determined after donor-imposed conditions are considered. Donor-imposed conditions determine when the contribution is recognized as revenue, while donor-imposed restrictions determine the net assets classification only (net assets with or without donor-imposed restrictions). Let’s take a deeper…
Read MoreWhat are Donor-Imposed Conditions?
Donors can impose two different types of stipulations on contributions provided to nonprofits, restrictions and conditions. While donor-imposed restrictions specify the use and are usually easier to identify, as they limit what you spend the contributed funds on, donor-imposed conditions are more restrictive and often limit how you spend the contribution. Donor-imposed conditions should be…
Read MoreNonprofit Revenue Recognition: Contribution Vs. Exchange Transaction
In order to apply the correct revenue recognition accounting, nonprofits must consider if a transaction is a contribution or an exchange transaction. At times, it’s not as easy as it reads. Poorly written agreements, misinformation and confusion interpreting the accounting standards can make this process seem overwhelming. First, let’s take a look at the definitions:…
Read MoreWebinar: The Anatomy of a Successful Sale
Watch the webinar for a deep dive into the process steps behind successful manufacturing and distribution sales transactions. Our panel of experts will share the real-world experiences that demonstrate the strategies and tactics that increase value, overcome obstacles and manage risks. This webinar shows you how to: Define your success criteria and weigh the importance…
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