jgingerich

Entries by Josh Gingerich

Stronger Regulations Coming for Taxes on Cryptocurrency

The nature of innovation means that laws will always be lagging behind new technology, now, legislation is attempting to catch up to cryptocurrency.

Approximately 17% of US adults have used digital currency, which positions itself as a decentralized method of payment. But as marketplaces have grown, they have quickly created a landscape that makes it …

Solving the Problem: Do We Need to Hire a Consultant?

There are many stages in the lifetime of a nonprofit when it may be valuable to bring in outside support. Consultants can provide an unbiased perspective, beneficial expertise, or much-needed capacity, to help an organization address a specific problem or achieve an identified goal.

With so many options, it may be difficult to find the …

Re-Embracing the Work of Fundraising

Conversations about the decline of charitable giving often center on only one-half of the fundraising transaction: the donor. Good development professionals understand that philanthropy is not a one-way street. It is incumbent upon organizations to craft effective strategies and build positive relationships with their supporters to ensure the success of their fundraising efforts.

This article …

Ten Nonprofit Funding Models

In the nonprofit world, your focus is solidly on your mission. As a result, discussion about money can often be reactionary, leaving you at a disadvantage when it comes to establishing sustainable funding to support important programs and services. A more effective strategy for achieving a sound financial position is to take a page …

How To Protect Your Business Cash During Banking Uncertainty

While bank failures are rare in the grand scheme of things, they can and do happen – as recent events like the closure of Silicon Valley Bank go a long way towards proving. When these types of bank failures do occur, they can be catastrophic. They happen quickly and often without warning, leaving business …

Is an SBA(7) Loan Right for Your Business?

It’s safe to say that the millions upon millions of small and mid-sized businesses operating right now are the true foundation of the United States economy. But whether you’re a seasoned veteran or are a new entrepreneur looking to journey out on your own for the first time, it’s important to understand the options …

Procrastinating on Filing Your Taxes?

If you have been procrastinating about filing your 2022 tax return or have not filed other prior year returns, you should consider the consequences, including the penalties, interest, and aggressive enforcement actions. Plus, if you have a refund coming for a prior year you may end up forfeiting it.

If you haven’t filed your return …

Employer-Offered Benefits That Can Save You Money and Taxes

Tax law includes several tax and financially favored benefits that employers can offer or provide to their employees. This article is intended to make you aware of these perks, with the caveat that all employers, especially small businesses, may not provide all, or perhaps any, of these covered perks. But whichever of these benefits …

De Boer, Baumann & Company Mourns the Loss of Anne Porter

It is with profound sadness that we inform you of the passing of Anne Porter, a partner at De Boer, Baumann & Company, on July 6, 2023.

Anne was an exceptional leader at our firm and within the CPA profession. She was not only a highly respected colleague but also a cherished friend to many …