Posts Tagged ‘Eubanks Accounting Advisory’
Jennifer Eubanks Contribution to Forbes Expert Panel: 11 Expert Tips For Young Professionals Just Starting In The Financial Sector
Jennifer Eubanks recently contributed to a council post, 11 Expert Tips For Young Professionals Just Starting In The Financial Sector “The financial sector is much different today than it was years ago. With new technology rolling out all the time and the upheaval of global events requiring everyone to adapt to new workplace norms, the advice from…
Read MoreLocal Business Owner Jennifer Eubanks Named to NSBA Leadership Council
Hendon, VA – Jennifer Eubanks, Eubanks Accounting & Advisory, Virginia was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Eubanks, a recognized leader in the small-business community, joins the NSBA Leadership Council alongside other small-business advocates from…
Read More2020 Year-end Charitable Giving Tax Incentives for Corporations
Summary of Keypoints The CARES Act temporarily expanded corporate charitable giving incentives for 2020, increasing the charitable deduction limit for C-corporations from 10% to 25% of taxable income and raising the limit for food inventory donations from 15% to 25%. Equity gifting remains a common year-end strategy for business owners, using the $15,000 annual gift…
Read More2020 Year-end Charitable Giving Tax Incentives for Individuals
Summary of Keypoints Individual charitable giving may yield greater tax benefits than corporate giving, since the top individual marginal tax rate (37%) exceeds the reduced corporate tax rate (21%) under the 2019 tax reform. The CARES Act introduced a new $300 above-the-line charitable deduction for 2020, allowing individuals who take the standard deduction to deduct…
Read MoreUnrelated Business Income – Latest Update Nonprofits and Associations
Summary of Keypoints The update titled “Unrelated Business Income – Latest Update Nonprofits and Associations” was presented on January 13, 2021, focusing on current developments affecting nonprofits and associations. The presentation was delivered by Jim Niblock, Senior Manager of Tax Services, and Jennifer Eubanks of Eubanks Accounting & Advisory, highlighting their expertise on unrelated business…
Read MoreTax Implications of the Cares Act
Summary of Keypoints The presentation titled “Tax Implications of the CARES Act” took place on December 29, 2020, focusing on tax-related provisions of the CARES Act. Jim Niblock, Senior Manager of Tax Services, and Jennifer Eubanks of Eubanks Accounting & Advisory served as presenters, providing professional insight into the topic. The session was designed as…
Read MoreCash Management through Crisis for Nonprofits & Associations
Summary of Keypoints Event title: Cash Management through Crisis for Nonprofits & Associations Presenters: Dan O’Dea, Director of Outsourced Accounting, and Jennifer Eubanks of Eubanks Accounting & Advisory Audience: Nonprofits and associations seeking guidance on managing cash during periods of crisis Focus: Cash management strategies tailored to organizational challenges in uncertain or crisis conditions Call…
Read MoreGraduate Certificate in Accounting for Government Contracts Soon Available at George Mason University
At Eubanks Accounting & Advisory, we bring to the table over 30 years of experience in Government Contract Consulting. We have long partnered with government contracts in order to not only assist with financial decisions, audits, and taxes, but also to help fulfill the unique needs in the field. Since it is vital for government…
Read More4 Tax Provisions CARES Put Into Place You Should Pay Attention To
Summary of Keypoints CARES Act purpose: The CARES Act was enacted to support businesses affected by COVID-19, providing tax-related relief measures beyond stimulus checks and unemployment benefits to preserve jobs and improve cash flow. Net Operating Loss (NOL) changes: Businesses can carry back NOLs incurred between December 31, 2017 and January 1, 2021 to prior…
Read MoreAccounting Outsourcing… Leading the New Normal
Summary of Keypoints Shift in work environment: COVID-19 and widespread work-from-home adoption demonstrated that productivity and business continuity can be maintained without full-time, in-office staff, prompting companies to rethink traditional operating models. Case for accounting outsourcing: As leadership increasingly relies on timely, accurate financial data, outsourcing accounting and finance functions offers access to professional financial…
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