Not-For-Profit Compensation

Angela N. Crawford, CPA and Amanda Meko, CPA | Team Members of the Not-for-Profit Services Group While compensation is usually considered a private matter, in the not-for-profit world, the Form 990 makes compensation of top officials open to public inspection. Compensation for individuals is reported in Part VII of Form 990. The individuals to ...

Carrying On

Anita Sherman, CPA | Managing Partner As you may know, I assumed the role of Managing Partner of Greenwalt CPAs on January 1, 2011. While it is a humbling experience to be following the firmís modern day founder and leader for the past 30 of the firmís 60+ year history, I am excited about our future. We have a great group of 8 partners, using ...

Policies on Business vs. Personal Auto Usage

by Marie Jett, CPA, Tax Manager There are a few options that employers have available to them in order to account for vehicles used in business. The following methods and policies describe the options available to an employer. Reimburse employees For vehicles owned or leased by the employee, the employer can reimburse the employee for miles used for ...

Passing the Baton

by Larry K. Greenwalt, Chairman of the Board It has been my honor to serve as Managing Partner of Greenwalt CPAs during the past 30 years, and it is my distinct pleasure to now hand off this duty to Anita Sherman, whom the Partners unanimously elected as the next managing partner more than 14 months ago. Leadership identification, growth and development ...

Self-Employed 401(k) Plans

A Solo 401(k) plan, also called a self-employed 401(k), an individual 401(k), or a Uni-K, works the same as the traditional 401(k) plans offered by larger companies. A Solo 401(k) allows sole proprietors or solely owned corporations with no other employees to save for retirement both as an employer and an employee, often enabling owners to contribute ...

Phantom Stock Plans Offer Incentives in Tough Economic Times

BJ Lippert, CPA and Rex Miller, CPA | Team Members of the Manufacturing & Distribution Services Group Current economic indicators show that the United States is emerging from the recession. Can you feel it? Has your company rebounded and returned to its pre-recession sales and profitability levels? Do you have stores of excess cash and nowhere ...