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  • Back to the future – Rely on financial statements to make decisions for the future

    August / September 2011
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1079

    Abstract: Financial statements provide a wealth of financial data on a nonprofit’s most recent month, quarter or year. But they also have valuable information to make business decisions and plan for the organization’s future. This article discusses the purpose and components of different financial statements, and how the information can be used to investigate budget variances, plan for the near future, and evaluate the organization’s effectiveness in meeting its mission. A sidebar explains how benchmarking against industry statistics can help identify strengths or weaknesses.

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  • Be flexible! Estate planning for an uncertain future

    June / July 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1079

    Abstract: Given the estate tax’s uncertain future, it’s more important than ever for people to build flexibility into their estate plans. During the last several years, exemption amounts have increased while tax rates have dropped. Under current law, the estate tax will disappear in 2010, only to reappear in 2011, when the exemptions and rates are scheduled to spring back to their 2001 levels. But lawmakers are expected to change the estate tax regime before 2010. This article explains strategies to use to build flexibility into an estate plan to make the most of any tax changes Congress devises.

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