How Professional Service firms can avoid risky engagements

The client selection process is critical Many professionals focus their energy on bringing in high revenue clients. But such efforts don’t necessarily lead to high quality clients. That’s what makes a formal client selection process so important. An effective process can improve profitability; reduce stress, billing-related disputes and reputational damage. Make sure the professionals in […]

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Protect your nonprofit by cross-training staff

If a fire ravaged your nonprofit’s building, your disaster plan would likely ensure that your valuable data would be saved and operations could continue. But what would happen if one of your key accounting people were seriously injured in a car accident tomorrow? Would your nonprofit be able to conduct business as usual until that […]

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5 Tips for Avoiding Tax Audit Triggers

Paying income taxes is painful enough without the specter of penalties and interest. But that’s just what you’ll incur if an IRS audit reveals you broke the rules. Here are five tips for avoiding those audit triggers that can tax your construction company in more ways than one: Report all business income. You must pay […]

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