Resource HubPosts By Category
What the Best Accounting Outsourcing Companies Provide that Bookkeepers Don't
3/2/2026
Discover the key differences between bookkeeping and outsourced accounting. Learn how a team of credentialed CPAs can provide controller and CFO-level insights, improve compliance, and help your growing business make strategic financial decisions.
How an Outsourced Accounting Department Transforms Month-End Close
3/2/2026
Struggling with slow, error-prone month-end closes? Discover how an outsourced accounting department brings structured processes, defined roles, and controller-level oversight to help growing businesses close faster, strengthen lender relationships, and support better financial decisions.
Meals & Entertainment ExpensesUnder the One Big Beautiful Bill Act
2/18/2026
The One Big Beautiful Bill Act (OBBBA) changes how businesses deduct meal and entertainment expenses beginning in 2026.
How Accounts Payable Outsourcing Improves Accuracy, Speed, and Internal Controls
2/9/2026
Many small to midsized businesses unknowingly outgrow their accounts payable controls, creating hidden financial risk until outsourcing turns a back-office weakness into a governance strength.
The Hidden Benefits of Accounts Receivable Outsourcing for SMBs
2/9/2026
Excess DSO traps cash and raises risk for growing businesses. Learn how accounts receivable outsourcing improves collections, strengthens controls, and signals operational maturity to lenders and buyers.
IRS Releases FAQ on Paper Check Phase-OutWhat Taxpayers Need to Know
2/4/2026
The IRS just released a new FAQ clarifying how it will move away from paper checks for tax refunds and payments.
What to Know Before Year-End2025 Tax Planning for Individuals and Businesses
12/4/2025
A 2025 year-end tax guide for businesses and individuals covering key developments, planning strategies, and opportunities to prepare for 2026.
The End of Paper Refund Checks: Are You Ready for the IRS Digital Shift?
10/1/2025
The IRS has announced a major change that will impact how millions of Americans receive their tax refunds. Starting September 30, 2025, paper refund checks for individual taxpayers will begin to be phased out, marking a significant step toward a fully digital tax system.
Tax Law Impacts: One Big Beautiful Bill ActOverview of the New Tax Landscape Impacting Individuals & Businesses
8/12/2025
OBBBA, signed into law on July 4, 2025, makes permanent many provisions from the 2017 Tax Cuts and Jobs Act while introducing new tax benefits for individuals and businesses. At Saltmarsh, we are continuing to review the new provisions and their impact on your tax strategy. This article highlights some of the most significant changes from our initial review of the OBBBA.
A Nonprofit's Guide to Cost Allocations
7/19/2022
Cost allocation for nonprofits is the practice of grouping all costs together in a manner that helps the user determine the actual cost of operating its programs and/or locations. To effectively develop and operate sustainable programs, nonprofit organizations should ensure that they are tracking and planning for the actual cost of each program.
GAAP In-Kind Reporting Update: ASU 2020-07 Effective for Nonprofit Organizations for Fiscal Years Beginning After June 15, 2021
7/5/2022
Due to the differences in definitions between grantors, nonprofit management and Generally Accepted Accounting Principles (GAAP), the reporting and disclosing of in-kind goods and services can become tricky and sometimes hard to get right. Many nonprofits rely on volunteers and donations of goods and services in order to achieve their missions. As such, it is important that organizations properly record such donations so that users of financial statements can see the true support utilized to operate programs.
Emily Lalas is Making an Impact for Non-Profits
4/27/2022
One of our senior auditors, Emily Lalas, was a guest speaker at the IMPACT 100 Pensacola Bay Area Inc. Non-Profit Workshop & Social and presented “Telling Your Story Through Financial Reporting” to help non-profits get the most out of their reporting.
Emily Lalas Presenting in Impact 100's Nonprofit Workshop
4/5/2022
Our very own, Senior Auditor, Emily Lalas will be presenting on “Telling Your Story Through Financial Reporting” at the Impact 100 Nonprofit Workshop & Social on April 19th at the Brownsville Community Center.
Cristine Torrefranca, CPA, Elected Treasurer of Bay Area Manufacturers Association (BAMA)
4/4/2022
Senior Manager, Cristine Torrefranca, CPA, has been elected Treasurer of Bay Area Manufacturers Association (BAMA) as of March 28, 2022!
Webinar Materials: Rethinking Financial Reporting - Nonprofit Strategy
11/8/2021
As nonprofit leaders rethink fundraising post the COVID-19 crisis, getting up-to-speed on how to tell your organization’s story through financial reporting is more important than ever. This webinar will cover how to use form 990 as a marketing tool and more!
Webinar Materials: New Lease Standards for Non-Public Entities
9/30/2021
The effective date of the new lease standard codified in Accounting Standards Codification, Topic 842 (ASC 842) is right around the corner for non-public entities. This webinar will discuss reporting challenges created by new standards.
Higher Education in the U.S. - Rising Costs, Enrollment Challenges and the Need for Innovative Solutions
8/17/2021
The higher education landscape has changed over the last few decades, with increasing concern regarding declining enrollment and institutions’ ability to drive revenue by attracting and retaining students at levels necessary to support operations. The impact of COVID-19 on colleges and universities has hastened this transformation.
Nonprofit Form 990: It's More than Just Numbers
8/16/2021
The Federal Form 990 is an informational return that most tax-exempt entities are required to file with the Internal Revenue Service (IRS). This can sometimes be referred to as a nonprofit tax return. Most organizations are familiar with their annual IRS 990 filing requirement. However, many organizations see this merely as a “checklist” item to get done, and in doing so, may miss the opportunity to capitalize on the benefits of a well-prepared 990.
How to Develop and Utilize an Effective Board of Directors
6/29/2021
A well-designed and utilized board of directors can greatly contribute to the success of a nonprofit entity. When recruiting directors, it is important to understand the purpose of the board, develop meaningful criteria for director selection and ensure that there are processes in place to fully utilize each director.
Cares Act vs American Rescue Plan Act Funding
6/25/2021
With the enactment of the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund (Coronavirus Recovery Fund) established under the American Rescue Plan Act (ARPA) on May 10, 2021, the U.S. Department of the Treasury has made available $350 Billion to state and local governments to cover the costs incurred as a result of recovery efforts related to the COVID-19 pandemic.
Finding Flexibility Amid COVID-19: How Nonprofits Can Scale for Success
5/24/2021
The COVID-19 pandemic has impacted nonprofits in dramatically different ways, with some organizations scrambling to meet rapidly rising demand and others shrinking to survive the ongoing crisis. Whether an organization’s situation has been one of boom, bust or somewhere in between, scalability is a universal asset in a global pandemic.
CARES Act Employee Retention Credits for Nonprofit Employers
4/23/2021
Many nonprofit organizations were forced to shutter or temporarily close their operations under a governmental order as a result of the coronavirus pandemic, while others were forced to severely limit their offerings. One way to continue to pursue your organization's objectives is to ensure that you are still able to function, even if only in a limited capacity.
Nonprofit Data Breach Vulnerabilities and How to Avoid Them
4/23/2021
As more people are shifting to digital lifestyles and remote operations, data is being passed through the internet now more than ever. Proportionate to this, however, are the opportunities for potential compromise of the data, particularly via a data breach.
Presentation of Covid-19 Related Federal Programs on the Schedule of Expenditures of Federal Awards
4/22/2021
New aid provided by federal agencies in response to the COVID-19 pandemic can impact the presentation of your organization’s Schedule of Expenditures of Federal Awards (SEFA), Notes to the SEFA, and Federal Audit Clearinghouse Data Collection Form (DCF).
Provider Relief Funds - Reporting and Audit Requirements
4/20/2021
When Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, it established the Provider Relief Fund (PRF) to support American families, workers and healthcare providers in the battle against COVID-19.
Past Posts By Category
- What the Best Accounting Outsourcing Companies Provide that Bookkeepers Don't
- How an Outsourced Accounting Department Transforms Month-End Close
- Meals & Entertainment Expenses
- How Accounts Payable Outsourcing Improves Accuracy, Speed, and Internal Controls
- The Hidden Benefits of Accounts Receivable Outsourcing for SMBs
- IRS Releases FAQ on Paper Check Phase-Out
- What to Know Before Year-End
- The End of Paper Refund Checks: Are You Ready for the IRS Digital Shift?
- Tax Law Impacts: One Big Beautiful Bill Act
- A Nonprofit's Guide to Cost Allocations
- GAAP In-Kind Reporting Update: ASU 2020-07 Effective for Nonprofit Organizations for Fiscal Years Beginning After June 15, 2021
- Emily Lalas is Making an Impact for Non-Profits
- Emily Lalas Presenting in Impact 100's Nonprofit Workshop
- Cristine Torrefranca, CPA, Elected Treasurer of Bay Area Manufacturers Association (BAMA)
- Webinar Materials: Rethinking Financial Reporting - Nonprofit Strategy
- Webinar Materials: New Lease Standards for Non-Public Entities
- Higher Education in the U.S. - Rising Costs, Enrollment Challenges and the Need for Innovative Solutions
- Nonprofit Form 990: It's More than Just Numbers
- How to Develop and Utilize an Effective Board of Directors
- Cares Act vs American Rescue Plan Act Funding
- Finding Flexibility Amid COVID-19: How Nonprofits Can Scale for Success
- CARES Act Employee Retention Credits for Nonprofit Employers
- Nonprofit Data Breach Vulnerabilities and How to Avoid Them
- Presentation of Covid-19 Related Federal Programs on the Schedule of Expenditures of Federal Awards
- Provider Relief Funds - Reporting and Audit Requirements
- View All Posts
