Your board brings to your organization a wide variety of talents and expertise; however, they do not always have experience with financial and accounting matters.

The Office of Management and Budget's Uniform Guidance (the Omni Circular) has brought sweeping changes for not-for-profits that receive federal funding.

Manufacturers and distributors may enter into various types of long-term contracts, including property and equipment leasing, raw materials, confidentiality, exclusivity and joint venture agreements.

For individuals who are also business owners income tax rates are at their highest level in years.

Chicago has joined several states and Washington, D.C. in eliminating the lower minimum wage for tipped workers, sometimes referred to as the "subminimum" wage.

Defined benefit plan sponsors might be facing tighter scrutiny from the U.S. Department of Labor (DOL).

Whistleblower policies encourage staff, volunteers and others to discreetly provide credible information on illegal practices or violations of organizational policies.

Employer-sponsored retirement plans and traditional IRAs offer participants almost unbeatable tax-saving and wealth-building opportunities

Conventional wisdom often holds that it is most efficient to keep all roles in-house, but this is not always the case. Rising labor costs, increased costs to meet advancing technology...

The Chicago Paid Sick Leave Ordinance and the Cook County Earned Paid Sick Leave Ordinance both take effect on July 1, 2017.

A recent Gallup poll shows that roughly three-quarters of Americans support a minimum wage increase. Factories and warehouses tend to employ a large number of entry-level and low-wage workers.

While many American investors may be confident about their financial prospects, they may also be underestimating their retirement needs.

Scrap materials can sometimes pile up on the shop floor, especially when a plant ramps up production in order to meet peaks in demand.

As people have become aware of technology and Internet tools, they have also started to own assets that live exclusively on the web.

Fortunately, federal laws can help limit your potential liability stemming from unauthorized charges.

Fraud is not the only reason behind financial restatements. Sometimes they are caused by unintentional errors or omissions, especially as companies record complex transactions or implement new

As time passes, a practice will probably experience a staffing shortage at least once and, most likely, multiple times.

As health care gets even more complicated, it is vital that management and office staff keep up to speed.

Issues and problems can arise in even the best-managed medical practice. When physicians in the same practice disagree about how to handle job responsibilities ...

Few medical practices operate at peak financial health simply because the actual processes of many patient-focused tasks have not been evaluated.