Archive
Alternative investment strategies for NFP organizations
Many not-for-profit organizations are looking for ways to diversify their investment portfolios and improve returns on their investments. Organizations have sought to offset the effects of the financial markets over the past few years and have attempted to compensate for… View More
Hospital VBP Program
Beginning in October 2012, value-based purchasing (VBP) is scheduled to come into effect. Created in the Affordable Care Act, VBP aims to establish a greater link between the quality of care provided at hospitals and payments received for that care…. View More
Phase 3 of New Reporting Regulations
Background: Back in 2006, the Federal Funding Accountability and Transparency Act (FFATA) was established. The Act required that federal awards be reported. A prime grant or contract awardee is required to report its award along with any sub-grants or sub-contracts…. View More
Excess Benefits Penalties for Non-Profits
If the IRS determines that a top official from a tax-exempt organization engaged in a transaction and received an unfair benefit given his position, both the organization and the individual face penalties. While the idea behind the penalties is nothing… View More
Deduction of LLC Losses
Recent court decisions have made it easier for LLC owners who have experienced losses to escape passive activity loss (PAL) rules. Instead of being classified as passive, the losses can be deducted from non-rental activities. The Problem: Generally, passive losses… View More
Contractor Classification
When deciding how to classify a newly hired worker, most construction companies prefer to use the independent contractor classification rather than regular employee. Some of the benefits to an independent contractor classification include: FICA and FUTA is not due Workers… View More
Cash Flow Plans: Worthwhile?
A solid financial plan and a well-conceived strategy can mean the difference between boom and bust. Step 1: Cash-flow Analysis. Review your company’s cash flow statements to understand the cycle of inflows and outflows that stem from accounts receivables, inventory,… View More
How Obama’s Tax Deal Impacts You
President Obama announced a compromise with Congressional Republications Monday evening to extend the Bush-era tax rates at all income levels for two more years as a part of an overall tax package to boost the economy. The President said that… View More
New Website Launch
Today we are pleased to announce the official launch of our brand new website http://www.gjmltd.com. The website is the result of hard work done by our team in analyzing and designing a website that brings together the needs of our clients… View More
