Non-profit – or NPO or Not-for-Profit (or charity) – organizations are institutions or foundations that dedicate their efforts to and advocate for a particular social cause. According to recent figures there are over a million and a half registered NPOs in the United States and contributions totaled nearly $360 billion. Non-profits are usually registered with [...]
No matter how many times the tax laws for homeowners and businesses have been simplified, it’s obvious that in a nation of 350 million people with tens of thousands of small, medium and large businesses and corporations there are bound to be some complications. Better to acknowledge this reality and use it as the basis [...]
With each new decade ushered in, the ability to maneuver the increasingly sophisticated financial terrain becomes ever more challenging. Even half a century ago, startups required nothing more than a garage and some moxie. Now, organizations of all sizes require greater reflection and consultation in their decision-making across their operational landscape to better ensure profitability. [...]
Financial statements are the lifeblood of a company. They outline the fiscal health of a business by showing the income taken in and laid out (income statements and cash flow), the outcomes of this activity (balance sheet), and if the business has investors – then a statement of their equity. The latter will be the [...]
There are few things that inspire resolve to do ‘better’ in your personal and professional life than the start of a new year. Often, one of the most important commitments is to achieve financial security in the upcoming twelve months. What follows are some steps to achieve economic stability at home and at work – [...]
There are many examples of entrepreneurs who came up with a great idea and pursued it to success. While focus and good old-fashioned hard work may seem to be all that you would need to see an idea blossom – in fact it is much more involved than that! Getting your invention or service off [...]
Before you immerse yourself fully in the spirit of the holidays, take some time to review your finances and ensure you can enjoy this time worry-free. Here are a few suggestions that should make your holiday merrier! […]
It might be tempting to try and save money by not hiring an accountant for your business, but having an experienced accountant on your side can keep you a step ahead of the competition. The professionals at ORT Consulting will help ensure you’re spending your money wisely, show you the big financial picture, and offer [...]
A basic financial education will give your kids the best chance at a successful and prosperous life. Getting your kids on the path to fiscal responsibility is important, and teaching them how to manage their money will be one of life’s most valuable lessons. Here are some great strategies to help them get started on [...]
While there’s no way to guarantee that you’ll never be faced with an IRS audit, hiring the tax experts at ORT Consulting can make this unpleasant event less of a possibility. […]
