10 Expert Tips for Transforming Your Business This Year
Members of our small business community have tips for transforming your business in 2020.
Vimeo “Stories in Place” Shows Small Businesses Adapting to Pandemic
A new series called Stories in Place on Vimeo shares the stories of small businesses across the US dealing with the coronavirus pandemic.
Laurie McCabe of SMB Group: Will the 43% of Closed Small Businesses Come Back?
Brent Leary chats with SMB Group's Laurie McCabe to talk about how small businesses are using technology during the pandemic response not just to survive but in some cases, thrive.
In the News: Small Business Protections in Place for New PPP Loans
Small businesses should have better access to PPP funding after new protections put in place by Treasury Sec. Steve Mnuchin.
Shopify Launches All New Point of Sale System for Small Businesses
Shopify has launched a new point of sale system for small businesses that should benefit them post-pandemic.
When Employee Evaluations Become Subjective (CARTOON)
Are your employee reviews focused on improving your company and your team?
Small Businesses Cut 6 Million Jobs from March to April
Franchises lost the fewest jobs, but overall the unemployment number was unprecedented.
Dun & Bradstreet Introduces New COVID-19 Impact Index
Dun & Bradstreet has created a COVID 19 impact index for businesses.
These States Have the Fastest and Slowest Internet Speeds in 2020
Internet speeds more important than ever as more people work from home because of COVID-19.
The Single Best Employee Benefit Your Small Business Can Offer
Sponsored Post With so many companies trying to one-up each other on desirable employment packages, what's the best employee benefit? Here's our choice.
How to Hang Heavy Objects on a Wall
When you’re hanging something heavy, a simple nail probably won’t do the job. Whether it’s an heirloom family mirror or a large painting, you want to be confident it will hang securely on your wall for years to come.The right …
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A Message To Our Valued Not-for-Profit Friends in Response to the COVID-19 Crisis
As we continue to navigate unchartered waters, we know the impact this pandemic is having on the not-for-profit community. All of us in public accounting are passionate advocates for our clients. We genuinely want to help you create successful, thriving… Read More
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Unpopular Parking Tax on Not-for-Profits May Be Repealed
Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of the Tax Cuts and Jobs Act. Fortunately, Congress recently moved to repeal the dreaded “parking tax” on fringe benefits, such as free… Read More
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Charitable Giving is Down Following Tax Reform: How Not-for-Profits Should React
The Tax Cuts and Jobs Act (TCJA) significantly changed the tax benefits of donating to your favorite charity starting in 2018. Now that we’ve seen a full year with the new provisions, not-for-profit organizations are taking a look at the… Read More
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How Not-for-Profits Can Take Advantage of New Guidance on Taxable Parking Benefits by March 31, 2019
Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of the Tax Cuts and Jobs Act. Fortunately, the IRS recently issued interim guidance around the treatment of these benefits incurred after December… Read More
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Following Top-Tier Service to Navigate Change for the Greater St. Louis Dental Society
The Situation
Where service goes, Meg Stagina will follow. After all, as Executive Director of the Greater St. Louis Dental Society, the recognized professional resource for dentists in both their business and in their patients’ care, she knows a thing… Read More
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Tax Reform Resources for Navigating the New Tax Plan
Anders is continually monitoring the 2017 Tax Cuts and Jobs Act to determine how it will affect individuals, businesses and organizations. Our tax experts are closely studying the new law and its impact on a variety of industries and created… Read More
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How Not-for-Profits Can Focus on the Mission, Not the Financials
Working within a tight budget can cause some not-for-profit organizations to neglect their financial reporting. Office managers may be assigned to do the bookkeeping, but don’t have the time or expertise to do the technical accounting. Having accounting and financial… Read More
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Not-for-Profit Board Governance Best Practices to Implement
No matter the size of the organization, if you’re serving on the board you want to feel confident that the organization has the right governance policies and practices in place. Those pesky Form 990 questions actually offer a fantastic checklist… Read More
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Tax Reform: Impact on Not-for-Profits
The Tax Cuts and Jobs Act is changing the way organizations do business, including not-for-profit organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Not-for-Profit Group has compiled a chart on the most… Read More
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Using Form 990 to Market Your Not-for-Profit
While tax-exempt not-for-profit organizations don’t typically have federal tax liability, most are still responsible for filing an annual information return with the IRS. The IRS Forms 990-EZ, and 990 are public documents that include information about the organization’s mission, programs… Read More
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Saved Manufacturer Over $350,000 Through R&D Study
Our manufacturing client had utilized the Research & Experimentation (R&D) tax credit in the past, but our team questioned if they were getting the maximum benefit from their current method of capturing research wages and related costs. By completing a… Read More
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How Manufacturers Can Save on Sales/Use Tax for Government Contracts
Manufacturing companies that sell equipment to the federal government or government contractors could be eligible for a tremendous tax benefit. The opportunity can help reduce sales/use taxes paid for consumables purchased in support of such government contracts.
The federal government… Read More
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National Manufacturing Outlook Survey Offers Look Ahead into 2019
Anders has teamed up with the Leading Edge Alliance (LEA) to jointly release the results from the 2019 LEA National Manufacturing Outlook Survey.
For the third year, more than 350 manufacturing executives participated in the survey from a variety of… Read More
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How the New Revenue Recognition Standard Will Impact Manufacturers
The new revenue recognition standard includes important provisions that manufacturers need to be aware of. Effective 1/1/2019 for private companies with calendar year ends, the new standards will change the way manufacturing companies recognize revenue.
Variable Consideration
Manufacturing companies will… Read More
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Tax Reform for Manufacturers: UNICAP Exemption Changes
More manufacturers may be exempt from the Uniform Capitalization (UNICAP) rules following tax reform. The UNICAP rules from Code Section 263A generally require that certain direct and indirect costs associated with real or tangible personal property manufactured by a business… Read More
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Anders and LEA Launch National Benchmarking Survey for Manufacturers
To fill a void of relevant benchmarking data, Anders and our accounting association, the Leading Edge Alliance (LEA), have launched the third annual National Manufacturing Outlook Survey, and we are requesting participation. Created specifically for privately-held manufacturers, this is the… Read More
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Tax Reform for Businesses: Tax Rates and AMT for C-Corporations
There has been a lot of buzz about tax reform changes and how they will affect companies in the coming tax years. Some of these changes include the reduction of the corporate and individual tax rates, the repeal of the… Read More
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Tax Reform for Businesses: Qualified Business Income Deduction
The new Qualified Business Income (QBI) deduction is an area of tax reform that may affect how some business owners structure their entities. This new deduction puts flow-through businesses on a level playing field with C Corporations. In its simplest… Read More
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NECA Endorses MCAA Change Order Publication
The National Electrical Contractors Association (NECA) has given its full endorsement to the 2020 edition of the Mechanical Contractors Association of America’s (MCAA) publication Change Orders, Productivity, Overtime—A Primer for the Construction Industry.
U.S. Department of Treasury Grants NECA-Supported Extension of PPP Safe Harbor Deadline
The Treasury Department issued additional guidance (#43 on FAQ) on the Paycheck Protection Program. The Treasury department postponed the Safe Harbor repayment deadline to May 14, 2020, as requested by NECA.
U.S. Department of Labor Offers New Video and Poster On Proper Workplace Use of Respirators
The U.S. Department of Labor announced that the Occupational Safety and Health Administration (OSHA) has released a new video and poster for employers and workers on how to properly wear and remove a respirator. The video and poster – in English and Spanish – demonstrate and describe seven steps every worker should follow when putting on and taking off a respirator.
Live Online BIM Software Training Now Available
NECA is excited to announce live, instructor-led online training on Revit and Navisworks software solutions! Throughout the month of May, NECA will be offering online classes on the most popular BIM solutions developed especially for electrical contractors, for our members at a substantial discount. Normally hundreds of dollars each, our partner Sanveo, is offering these half and full day courses for just $39.00 each!
One Week Left to Get 50% off State CEUs
With approvals from 33 states, these on-demand code classes are available for 50% off for a limited time. Register by May 3rd to take advantage of this special offer.
Reminder: One Week Left to Get 50% off State CEUs
With approvals from 33 states, these on-demand code classes are available for 50% off for a limited time. Register by April 26th to take advantage of this special offer.
Discretion in Enforcement when Considering an Employer's Good Faith Efforts During the Coronavirus Disease 2019 (COVID-19) Pandemic
In light of the coronavirus disease 2019 (COVID-19) pandemic, OSHA understands that some employers may face difficulties complying with OSHA standards due to the ongoing health emergency. Business closures and other restrictions and limitations may also preclude employee participation in training even when trainers are available. In other situations, access to medical testing facilities may be limited or suspended.
NECA Safety Stand Down for the COVID-19 Pandemic
NECA is sponsoring a safety stand down on April 29 to recognize the many electricians and utility workers have been deemed essential workers during the COVID-19 pandemic, and continue to go to work each day and make sacrifices to better our country. Take part and share a note or photo with #NECASafety, and on NECA’s LinkedIn and Facebook accounts. Please share the number of workers who participated with safety@necanet.org so we can feature this in the future. Material for your safety stand down can be found below at the NECA Coronavirus Resource Center.