• Starting a professional coaching practice?

    Starting a professional coaching practice?

    Congratulations on your decision to launch a professional coaching practice. You may have a few questions about the mechanics of your new business. We’ve compiled some common questions and would be happy to discuss the options in each.

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  • Congratulations on your new nonprofit! What’s next?

    Congratulations on the formation and approval of your nonprofit organization and best wishes for success ahead! However, approval was the easy part. Now the ongoing requirements of managing a nonprofit organization is more demanding. I compiled these observations from watching dozens of new nonprofit organizations throughout the country move from their initial launch through early operational stage. Core concepts in management of a nonprofit organization are highlighted below. This article is meant as a brief introduction of nine next steps you are likely to consider. 1) Basic Governance All nonprofit organizations should have a solid Financial Procedures Policy and a Conflict of Interest

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  • Simple NJ estate settlement

    If you have the responsibility to settle a small NJ estate of a deceased relative or close relationship, the odds are that you haven’t performed this task before. The process can be baffling. While leaning on the professional help from an experienced CPA is an ideal solution, not everyone can afford the cost of this help. In this case, it might be necessary to do it yourself. This article is intended to list the basic steps for administering a simple estate in New Jersey assuming that there is no real estate involved and no complications with heirs of creditors. Follow

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  • Service changes for fiscal reporting year 2023

    The recent economic shock felt by many small businesses and their CPAs has pushed small private professional accounting practices like mine to the point of extinction. Yet I am committed to this ‘old fashioned’ high quality business model and estimate that I have about 15 years remaining in my work career to keep this service moving smoothly. So, to cope with these new economic demands, the following changes are adopted effective immediately to serve you better: For all: A no additional cost strategic planning discussion is offered to open discussion on vision, mission, goals, strategies and contingency planning. That’s the area

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