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News & Insights
October 26, 2026
Knowledge Center
Preparing for What’s Next: Risk, resilience, and planning conversations nonprofits should be having now
by Kelly Pollard and Lucas LaChance A strategic plan can define where a nonprofit wants to go. But it is the conversations between planning cycles that help an organization stay ready for what comes next. What assumptions are we relying on? Where do we have room to adapt? What decisions would become harder if […]
October 12, 2026
Knowledge Center
Act fast if a customer files for Chapter 11 bankruptcy
If a customer with outstanding bills files for Chapter 11 bankruptcy, an ordinary receivable could become an urgent financial problem. Although a customer’s filing doesn’t necessarily mean your business will go unpaid, recovery depends on the debtor’s resources — as well as your claim’s status and the bankruptcy case’s outcome. To protect your business’s rights […]
October 10, 2026
Knowledge Center
Profitability matters: Why book profits don’t always match taxable income
Many owners assume the pretax profit reported on their financial statements should equal the business’s taxable income. In practice, those metrics often differ, sometimes significantly. Book-tax differences may result from differences in timing, tax law requirements and accounting treatment. Understanding those differences can help you evaluate financial performance, maintain accurate accounting records and make informed […]
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