Insights & News

Form 990 is more than a tax return; it’s a public document that donors, grantmakers, and regulators use to evaluate your nonprofit. Common mistakes in filing, reconciliation, and narrative disclosures can raise questions about financial stewardship.

The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to 76 cents per mile. Taxpayers who use their vehicle for business, medical, or qualifying moving purposes will.

Construction businesses can stay profitable on paper while margin quietly slips away on individual jobs. This article explains how job costing, change-order management, and work-in-progress reporting work together to surface problems early. Learn.

The IRS is replacing its First Time Abate program with a new Automatic Exemption from Penalty (AEP), which will automatically prevent certain penalties for eligible taxpayers with a strong compliance history. Starting with 2025 tax year returns and.

Your first profitable year in business is worth celebrating. But it can also bring expensive tax surprises, especially if you’re still managing the business like you did when revenue was lower. Here are the most common mistakes new business owners.

As home values rise, the federal home sale exclusion may no longer be enough to eliminate capital gains tax when a property is sold or inherited. The difference between a large tax bill and a smaller one can come down to how well a homeowner.

If your business sells online, has remote employees, or uses third-party fulfillment, you may owe taxes in states where you’ve never filed a return. Learn how physical presence and economic nexus rules work, what triggers an obligation, and what to.

Most business owners rely on backward-looking financials that tell them where they have been, not where they are going. A cash flow forecast fills that gap by projecting future inflows and outflows, helping leaders spot problems early and make.

Your aging AR report isn’t just a list of late invoices. It’s an early warning system that reveals two very different cash flow problems: a system-wide slowdown in collections or a dangerous concentration of overdue balances. Learn how to read the.

Most business owners assume buyer scrutiny begins when due diligence starts. It doesn’t. The decisions you’re making right now, years before a sale, are already shaping the price a buyer will pay and the deal structure they’ll offer.

Financial scams are more sophisticated than ever, and the people most at risk are often the ones least likely to see it coming. A few simple safeguards could be the difference between your family staying protected or losing tens of thousands of.

Your dashboard should do more than confirm what already happened. It should warn you before problems arrive. Learn how to identify the leading indicators that give you time to act, not just a record of what went wrong.

The One Big Beautiful Bill Act changed how nonprofits give incentives, compensation rules, and endowment taxes. Learn what changed and strategies to adapt.

Aprio Insights on the Tax Alert: IRS Automatic Penalty Relief Replaces First Time Abate in 2026. Read the article.

Nonprofit grants management best practices for stronger controls, cleaner reporting, and reduced compliance risk across the grant life cycle.

A recent federal court decision, Kwong v. United States, has created a potential refund and abatement opportunity for taxpayers who were assessed IRS penalties or interest on federal tax obligations during the COVID-19 federal disaster period.