OSHA Compliance Made Easy: A Quick Guide for Businesses

Established in 1971, OSHA requires all employers, regardless of the industry, to provide a safe work environment for their employees. In the case of an accident, OSHA is part of the investigation process, but they also reinforce preventive measures. Many employers believe that those are important only in a warehouse or production environment, but OSHA […]

What Taxes Do Businesses Have To Pay?

If you’re running a business, you’re on the hook for a variety of taxes. Let’s take a look at the main categories: Income tax — All businesses except partnerships must file an annual income tax return. (Partnerships file an information return.) However, which form you use depends on how your business is organized, so you’ll […]

Tax and Nonprofit: The Strict Requirements

Nonprofit accounting may seem overwhelming at times, but it becomes easier once you begin to understand how finances function and move within your organization. By using this info, you can implement best practices for effective accounting decisions. With the right accounting practices, you can be compliant and transparent, creating reports that let donors see how […]

Document Management and Recordkeeping for Nonprofits

If you work for a nonprofit that’s funded by grants or donations, you need to keep ironclad records in order to account for every penny if you’re ever audited. However, that doesn’t mean you must retain all your files forever. Nobody’s got the storage space for that. Here’s a handy guide to how long you […]