Archive for January, 2012
by Brandon Cook, CPA | Partner, Tax Services Group and Member of the Construction Services Group
In all businesses everyone knows that cash is king. This is especially true in the construction industry. In the new reality of tight margins, high retainage percentages, and slow-paying contracts, every bit of cash a contractor can get their hands on can be vital to a company’s operations. The look-back calculation, which is required for many contractors, could put more cash into your pocket.
by Anita Sherman, CPA and John Fisk | Team Members of the Manufacturing & Distribution Services Group
There has been a lot of discussion recently about this proposed legislation. If you have an opinion, now is the time to share it with your senator and representative.
In an article entitled “Indiana: Where We’ve Been and Where We’re Headed,” Patrick Kiely, President of the Indiana Manufacturers Association, reflects on Indiana’s status as a non-right-to-work state. Including Indiana, there are 28 states “that allow labor unions to compel, as a condition of employment, individual employees to become union members or pay union fees in lieu of membership, regardless of whether or not that person wants to join a union.” This issue is at the forefront of conversation as the 2012 Indiana General Assembly reconvened on January 4th.
by Jennifer McVey, CPA | Manager, NFP Services Group and Amanda Meko, CPA | Partner and Team Leader of the NFP Services Group
In a downturned economy, in which donations to nonprofits are difficult for both individuals and organizations to make, being accountable carries more weight than ever. A nonprofit must not only conduct business ethically and transparently but also be able to publicly explain at all times the way it handles its finances and governance. Your nonprofit can meet this challenge if you understand the key areas of accountability and your board’s role.