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The Clarion Call for Nonprofit Transparency

The Clarion Call for Nonprofit Transparency

The nature of charitable giving has changed, and there are four primary reasons for this:clarion call transparency in nonprofit

  • Technology has made it not only easier to give to charities, but to know about charities and how efficiently they perform.
  • Changes in the U.S. tax code have created a disincentive for giving, especially for those who gave strictly for purposes of a tax deduction.
  • The rise of Donor Advised Funds (DAF) has made it easier for donors to contribute meaningfully to a cause.
  • Concerns for transparency and organizational efficiency have driven the need for increased disclosure and external oversight.
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Tax planning – Why is this year any different?

Tax planning – Why is this year any different?

Every year at this time, you start to hear more about the importance of year-end income tax planning in radio and television commentary. For many people with more complex businesses or investments, the beginning of the 4th quarter of the year signals the time to start to organize their tax documents and to set-up an appointment with their advisors to review results.

iStock-514178861_blogThis year is different! This year, tax planning should be important to everyone, not just for those that have complex tax situations. The implementation of the Tax Cuts and Jobs Act of 2017 has impacted every taxpayer. While we have all heard about it, not everyone has an applied working knowledge of what the impact will be in the first annual income tax filing season, which begins in about three months.

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But, It’s My Money! What you need to know before withdrawing funds from your 401k

But, It’s My Money! What you need to know before withdrawing funds from your 401k

Zinner Cleveland CPAWithdrawing funds from your 401k.jpeg

Many folks faced the new year with a fresh-start mindset, new goals, and a handful of resolutions. For some, 2017 is still at the top-of-mind with credit card balance carry-overs and a loan or two. For others, the new year brings ideas of travel, home renovations, or major purchases. 

Regardless of the intent, oftentimes folks think they can simply borrow or withdraw from their 401(k) to pay for these things when their bank account is not liquid.  After all, the money is theirs and just “sitting” untouched.  So why not tap into the account – life is short, right?

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Cyber Attacks and Data Breaches: Protecting your email accounts

Cyber Attacks and Data Breaches: Protecting your email accounts

You have read security warnings advising you to stay away from particular websites and of course, not to click on the link to become the beneficiary of a far-away royal. Mike-J---tech-enewsletter_checklist2-182875-edited.png

You know not to download free apps, to stay clear of file sharing, and are current with anti-virus and firewall protection. Rightfully and confidently, you feel good about the protective steps you have taken to reduce your risk of identity theft. Then –  WHAM! Along comes a hacker who successfully infiltrates some of the largest technology companies in the world and as a result, steals your email password.

Related read: Classic Hackers: What War Games taught us about technology in the workplace

I recently read  the following news on Forbes.com: 

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Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
We Are Open For Business!

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