INSIGHTS

We See Things Differently

When we’re not addressing clients’ needs for business and financial advisory, assurance or tax matters, we’re researching, learning and thinking about related subjects. Check out some of our thinking on a broad variety of topics that may impact your organization. And if you’d like to learn more about any of these topics, we’re always happy to talk.

Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

The IRS Announces 2022 Retirement Contribution Limits

The IRS recently announced the 2022 retirement plan contribution limit adjustments. These adjustments are made annually to reflect changes in the cost of living. Here’s an outline of the changes and noteworthy increases you can expect in the upcoming year.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

The Small Business Survival Guide for 2022

The pandemic has taken its toll on the world around us. With new challenges in the economic climate, businesses are looking towards the uncharted waters of the future. We’ve put together this small business survival guide to help growing businesses take apart the key issues affecting the marketplace in 2022.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

Tips for Handling Toxic Board Members

Imagine that your mission is a destination. Your organization and its operations are the vehicle moving towards that destination. Your board members are the drivers behind the steering wheel of that vehicle. What happens when one driver hijacks the car? The car stalls or otherwise gets lost from its destination. Here’s how to recognize and handle a toxic board member, ease tensions, and preserve the organization’s future.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

Understanding Your Responsibilities on the Finance Committee

While numbers might not always be the most exciting, your role on a nonprofit’s finance committee is a crucial one. To better serve a nonprofit organization, finance committee members must first understand their responsibilities. We’ve broken down the areas finance committees are typically responsible for.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

Is An Audit Required For My Non-Profit Organization?

You've started a non-profit, or perhaps your non-profit is growing. First, congratulations on your success. Second, that growth comes with some new responsibilities. Maybe it's a growing group of volunteers to manage or new missions to take on. Potentially one of those responsibilities may be an audit.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

What to Ask Yourself When Considering a Merger or Acquisition

As we begin to see the light at the end of the pandemic, the economic landscape looks vastly different for small businesses than it did prior to COVID-19. If you are looking toward the future for opportunities to grow, you may be considering an acquisition or merger. It is one less competitor and quick growth, after all. Here are some things you need to consider when contemplating a merger or acquisition.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

Will We Ever Get Back to the Old Normal?

Vaccines are rolling out to the general population nationwide, and there is one question on everyone's mind. Will we ever get back to normal, the old normal before COVID-19 turned our world upside down? Here is what you should really be asking and considering.

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Insights Brett Friedman, CFP® Insights Brett Friedman, CFP®

Who's Responsible for What During the Audit Process? Boards of Directors, Managing Agents, and Auditors Each Have Roles to Play

The audit process is very complicated, with various parties responsible for specific actions. It is crucial to understand what you are responsible for and understand what it all means. Having this understanding allows you to make informed decisions and to be as engaged in the audit process as you need to be. Here is who is responsible for what during the audit process.

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