Operating a Not for Profit business requires many of the same insurance requirements as a For Profit Business. While directors and managers may believe that a non profit business, set up for family assistance, education or development of the Arts is perceived as an organization designed to help the general public, and therefore immune from frivolous lawsuits and claims, this is not the truth.
In my article, Nonprofits: Types of Liability Insurance, I have outlined the important business liability insurance that all nonprofit organizations should carry.
Payroll Liabilities Effect on Taxes and Net Income
Payroll is perplexing. It would seem straightforward enough, but if you offer health, dental, or retirement benefits to your employees, the...
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I worked for Monsanto in the Agricultural Division as a young accounting assistant. I was transferred from corporate to agricultural, enteri... -
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There are instances when the accountant must apply a credit to a customer's account. Understanding customer credit/refund processing in ...
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