Financial Transparency for Non-Profits: Best Practices for Building Donor Trust
Trust is the cornerstone of any successful nonprofit. Donors want to know their contributions are being used effectively to further your mission, and financial transparency is key to earning and maintaining their confidence. By openly sharing your financial practices and demonstrating accountability, your organization can strengthen donor relationships and fost
The Road Ahead: Key Trends Transforming Auto Dealerships in 2025
The automotive industry continues to evolve at a rapid pace, and dealerships are no exception. As consumer preferences shift and new technologies reshape the market, dealerships must adapt to stay competitive. From digital innovations to sustainability initiatives, 2025 promises to be a transformative year for the industry. Let’s explore the key trends shapin
Charitable Gift Acknowledgements: Ensuring Compliance and Building Donor Trust
As we kick off 2025, now is the ideal time for non-profits to reflect on the success of their year-end giving campaigns and focus on fostering strong donor relationships in the new year. Properly acknowledging charitable gifts is not only a way to express gratitude but also a crucial step in maintaining IRS compliance and […]
Promoters Offering Tribal Tax Credits at Up 40% Discount
Beware of promoters of the Native American tax credits.
Expected New Reporting Requirements for the Research Credit on Form 6765
The IRS has released a new draft Form 6765, Credit for Increasing Research Activities, that would require taxpayers to report additional pertinent information in order to claim the Research Credit on future tax returns.
Navigating Government Budget Cuts: Strategies for Fiscal Responsibility in 2025
As we step into 2025, many government agencies are faced with the challenging task of managing budget cuts while maintaining essential services. Whether due to shifting economic conditions, changes in federal or state funding, or a need for fiscal discipline, agencies must find ways to optimize their resources without compromising their ability to serve the [&h
GASB 101: Understanding the New Standard for Accrued Compensated Absences
The December 31, 2024, reporting deadline for GASB Statement No. 101 has passed, marking an important start to the new year. For government agencies preparing for audits and financial reporting in 2025, now is the perfect time to focus on ensuring compliance and building a strong foundation for success in the year ahead. GASB Statement […]
Government Accountability and Transparency: How to Build Public Trust Through Reporting
In today’s rapidly evolving landscape, public trust remains at the heart of effective government operations. As we kick off 2025, the focus on accountability and transparency in public sector reporting has never been greater. As agencies prepare their financial statements and reports for the year ahead, now is the perfect time to strengthen practices that [&h
Government Contractor Takes Proactive CMMC Compliance Stance
RSM's IT and cybersecurity strategy and managed services elevate client success.
Infrastructure Constraints Limit Energy Scalability but Present Opportunity?
Infrastructure constraints limit energy scalability but present opportunity for middle market companies.
