Budget and Cash Flow Planning: More Important Now Than Ever

Budget and Cash Flow Planning: More Important Now Than Ever

   INSIGHTS Budget and Cash Flow Planning: More Important Now Than Ever by Klayton Tjoelker, CPA March 25, 2021 No matter how much you knew about your organization’s financial situation before 2020, everyone’s now playing a new ballgame due to the COVID-19 pandemic....
Budget and Cash Flow Planning: More Important Now Than Ever

Understanding Step-Up in Basis

   INSIGHTS Understanding Step-Up in Basis by Ann Webb March 22, 2021 Have you ever wondered what “cost” (or “basis”) is for tax purposes when an individual inherits property or receives gifts from another? This is an important area and is too often overlooked when...
Budget and Cash Flow Planning: More Important Now Than Ever

U.S. Federal Tax Deadline Pushed to May 17

   INSIGHTS U.S. Federal Tax Deadline Pushed to May 17 by Tanya Silves, CPA March 17, 2021 The Treasury Department and Internal Revenue Service (IRS) announced today that the federal income tax filing due date for individuals for the 2020 tax year will be...
Budget and Cash Flow Planning: More Important Now Than Ever

Washington State Capital Gains Tax: What You Need to Know

   INSIGHTS Washington State Capital Gains Tax: What Do You Need to Know? by Tanya Silves, CPA March 9, 2021 Washington State’s Senate voted to pass a bill on a capital gains tax on the sale of stocks, bonds and other assets to increase the share of state taxes paid...
Budget and Cash Flow Planning: More Important Now Than Ever

Donor-Advised Fund vs. Private Foundation

   INSIGHTS Donor-Advised Fund vs. Private Foundation by Demi Luna March 8, 2021 What is a Donor-Advised Fund?A donor-advised fund (DAF) is a charitable giving vehicle owned and controlled by a sponsoring organization. This fund was created to manage charitable...