If your nonprofit’s budget is growing and your executives are struggling to juggle financial responsibilities, it may be time to hire a CFO. Learn about what these executives do and what to look for in a candidate.

If you’re preparing to send your child to college this fall, now is the right time to create a basic estate plan with the help of an advisor.

For employers that sponsor an ERISA-compliant retirement or health care plan, a DOL audit is always a possibility. Here’s what to expect if it happens to you.

No matter how big or small the business, properly managing accounts payable is critical. Here are some fundamentals to review.

There are a variety of tools to build flexibility into an estate plan. A power of appointment is a provision that permits another person to determine how, when and to whom certain assets in the estate or trust will be distributed.

Employers offering or considering leave-sharing programs related to the conflict in Ukraine should read up on recent IRS guidance about tax relief.

Every business needs to regularly engage in productive strategic planning. But that’s easier said than done. Let’s take a step back and simplify.

Transferring a family business to the next generation requires a delicate balancing act.

Some employers might consider excluding part-time employees from eligibility for their 401(k) plans. Suffice to say, this isn’t a decision to take lightly.

If your business has more than one owner, a buy-sell agreement is strongly recommended. Here’s why and how they work.

Normally, the last-in, first-out (LIFO) accounting method is an effective way to defer taxes. But beware: Retailers and other businesses that use this method could be hit with an unexpected tax bill if their inventory shrinks significantly due to supply chain issues.

A charitable lead trust provides a regular income stream to one or more charities during the trust term, after which the remaining assets pass to your heirs or other noncharitable beneficiaries.