Educating donors about what they can — and can’t — deduct

Education may not officially be part of your nonprofit’s mission. But while working with donors, you’ve probably noticed that many are confused about the federal tax deductibility of their contributions. To help prevent unwelcome surprises when donors file their returns, inform them about the tax benefits of different types of donations. Cash, ordinary income and […]

Take a keen interest in your company’s insurance protection

Not many people wake up in the morning wanting to talk about insurance. But it’s important for contractors to take a keen and ongoing interest in their company’s coverage. It needs to meet not only the bid requirements of every project you take on, but also the wider needs of your construction business as it […]

How to secure lasting corporate support

According to Giving USA, businesses donated $20.77 billion to charity in 2017. Even if your organization already benefits from this largesse, you’d probably like to increase the amount you receive from companies and find additional ways to partner with the for-profit sector. Increasing corporate commitment is similar to establishing relationships with individual donors, but there […]

Learn the ABCs of activity-based costing

Your latest project might be running on budget, but how can you determine whether your work in progress is really boosting profits or hurting the bottom line? Or, if a job is exceeding forecasted costs, how do you break it down to identify the problem? Many construction companies have addressed such issues by measuring the […]

Stop employee credit card abuse before it starts

A nonprofit staffer charged legitimate travel-related expenses to her employer’s credit card. Although she intended to file an expense report, her employer never asked for it — nor did the employer question her when it received the card statement. The employee was recently divorced and under unusual financial pressure, so when she couldn’t pay for […]

Jodi Bouchard, CPA is a delegate to CPAmerica International’s 2018 Next Generation Conference

Jodi Bouchard, CPA, supervisor with Wheeler Wolfenden and Dwares, CPAs (WW&D), was a delegate to CPAmerica International’s 2018 Next Generation Conference held in Denver on May 16-18, 2018. Proudly returning in its fifth year, the progressively designed Next Generation Conference continues with two tracks for new participants (Intro Track) and returning attendees (Advanced Track) intended […]

WW&D’s Bouchard, Russell earn CPA credential

Wheeler Wolfenden and Dwares, CPAs (WW&D) is pleased to announce that Jodi Bouchard and Sarah Russell have passed the Uniform Certified Public Accountant (CPA) Examination and earned the CPA credential, a symbol of trust and professionalism in the world of business. Bouchard joined WW&D in 2011. She is a graduate of the University of Delaware with a […]

Could a CRM system help me win more jobs?

My construction company recently celebrated its 15th year in operation and, even better, business is really heating up. My concern is that, with this lengthy history and sizable client list, so much information seems to be falling through the cracks. We try to track everything through a shared spreadsheet, but it’s kind of a mess. […]

3 tips for achieving your mission more cost-effectively

Do you want to control costs and improve delivery of your nonprofit’s programs and services? It may not be as difficult as you think. Several simple initiatives can make a big difference in how efficiently your organization operates. Here are three: Tip #1: Monitor measures that matter First, you need to know how much of […]

Whipping up more profitable jobs with WIP reports

Jobsites generate many things — dust, rubble, scrap metal. But they also generate a lot of information. And extracting the right financial data from an ongoing project in an accurate, timely and easily digestible manner is critical to maintaining that job’s profitability and avoiding losses. Depending on the size and nature of your construction company, […]