Articles

How To Respond To Suspected Employee Fraud In Your Nonprofit

Mary Stucke — Mon, 11 May 2026 20:57:17 GMT

Nonprofit organizations depend on public trust and donor confidence to fulfill their missions. When suspicions of employee fraud arise, the manner in which leadership responds can significantly impact the organization’s reputation, financial health, and long-term stability. A calm, structured, and professional approach helps protect assets, preserve stakeholder confidence, and reduce the likelihood of future incidents.

Developments For Qualified Production Property

Jon Powell — Mon, 11 May 2026 18:30:59 GMT

The One Big Beautiful Bill Act (OBBBA) was passed on July 3, 2025.The bill contained several taxpayer-favorable changes that extended certain provisions that were set to expire, as well as created several new provisions.One of the most exciting provisions that was included in the OBBBA was the addition of a new class of property called Qualified Production Property (QPP) under §168(n). Under this provision, taxpayers are able to elect to immediately deduct 100% of the QPP depreciable basis placed in service during the year. While the legislation was exciting, in many cases, the newly drafted code section left taxpayers with more questions than answers.

Accountable Plans for Nonprofits: How To Deliver Tax-Efficient Expense Reimbursements

Jessica Weeks — Mon, 11 May 2026 18:25:12 GMT

Nonprofit organizations face unique financial pressures, balancing mission-driven work with careful stewardship of limited resources. One powerful yet often underutilized tool is the IRS accountable plan. When properly designed and maintained, an accountable plan enables nonprofits to reimburse employees for legitimate business expenses on a tax-free basis. This approach reduces taxable income for staff and lowers payroll tax obligations for the organization, delivering meaningful bottom-line savings while supporting compliance.

How To Build A More Agile Finance & Accounting Team Through Cross-Training

Mary Stucke — Mon, 11 May 2026 18:11:14 GMT

The accounting and finance profession continues to experience a significant talent shortage, driven by retirements of seasoned professionals and a smaller number of new graduates entering the field. This challenge has prompted many organizations to explore smarter ways to build resilience within their Finance and Accounting (F&A) departments. One highly effective solution is cross-training, a strategic approach that enhances team flexibility, improves operational continuity, and strengthens overall performance without requiring major new hires.

Build Sustainable Nonprofit Fundraising Strategies: How to Move Past Feast-Or-Famine Cycles

Jessica Weeks — Mon, 11 May 2026 17:56:53 GMT

Nonprofit organizations often begin with intense but sporadic fundraising efforts; energetic campaigns that generate needed resources, followed by extended quiet periods. While this approach may work in the startup phase, it creates financial uncertainty as the organization grows. Leading nonprofits instead adopt consistent, strategic fundraising practices that deliver steady revenue, deepen donor relationships, and support long-term mission achievement.

Rethinking Payment Strategies: Adopt A Cash-Light Approach For Your Businesses

Tom Powers — Mon, 11 May 2026 17:44:54 GMT

In an increasingly digital economy, businesses face important decisions about how they accept payments. While cash remains part of daily commerce, its role has diminished as customers embrace cards, mobile wallets, and contactless options. Many forward-thinking companies are moving toward a cash-light model, reducing reliance on physical currency without eliminating it entirely. This balanced strategy can improve efficiency, lower risk, and enhance customer experience when implemented thoughtfully.

10 Steps To Streamline Your Sell-Side Quality of Earnings

jbernstein@gbq.com (Joe Bernstein) — Fri, 08 May 2026 17:35:47 GMT

How To Become 'Diligence-Ready'

For many owners, the surprise isn’t that buyers ask tough questions; it’s how deeply those questions go into the numbers behind the deal story. In today’s M&A market, a quality of earnings (“QoE”) and broader financial due diligence are standard, not optional. Buyers rely on that work to test both performance and price.

2026 Ohio Property Tax Updates

Jeff Monsman — Thu, 07 May 2026 18:07:44 GMT

Property Tax Relief Takes Center Stage In 2026

As property values have risen throughout the state, the tax burden that property owners carry has similarly increased.Property tax reform has been an agenda item at the Statehouse as Ohio lawmakers have tried to come up with solutions to help ease the financial impact on property owners throughout the state.

Internal Vs. External Audits: What’s The Difference … & Why It Matters

Tom Powers — Mon, 27 Apr 2026 15:15:00 GMT

Strong financial oversight is essential to building trust, managing risk, and supporting long-term growth. Two key components of that oversight are internal and external audits. While both contribute to transparency and accountability, they serve distinct purposes and audiences. Understanding how these audit functions differ, and how they work together, can help your organization strengthen controls, improve reporting, and make more informed decisions.

The Purpose Behind Each Audit

Cash Vs. Accrual Accounting: Choosing The Right Method For Your Business

Chris Dean — Fri, 24 Apr 2026 15:00:00 GMT

As your business grows, so do the complexities behind your financial reporting. One of the most important foundational decisions you’ll make is selecting the right accounting method. While many organizations start with a straightforward approach, revisiting that choice over time can have a meaningful impact on tax strategy, financial visibility, and long-term planning. Understanding the differences between cash and accrual accounting, and when each is appropriate, can help position your business for sustainable growth.