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What's New in the Blog

Clark Schaefer Hackett | Is Your Mission Statement Meaningful? We’ve Got Some Tips

Michigan Business Network
February 21, 2024 9:00 AM

Make Your Mission Statement Mean Something in 2024

When done right, a mission statement can serve as a powerful, foundational element for any organization-especially in the world of not-for-profits. It should inspire your team, serve as a guiding light and can even touch the hearts of donors.

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Clark Schaefer Hackett | CECL Real-Life Q&As From Not-for-Profit Auditors

Michigan Business Network
February 9, 2024 9:00 AM

Not-for-Profits and the Current Expected Credit Loss (CECL) Model

The current expected credit loss (CECL) model, introduced by FASB in ASU 2016-13, aims to simplify US GAAP and recognize credit losses more promptly. It addresses the limitations of the previous model by requiring immediate recognition of estimated expected credit losses based on historical data and current economic conditions. Not-for-profits, specifically, will appreciate that the CECL model excludes contributions (pledges) receivable.

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Clark Schaefer Hackett | Significant Change to Threshold for Information Returns

Michigan Business Network
January 23, 2024 11:00 AM

New Threshold for Electronically Filing Information Returns

As of January 1, 2024, the IRS is enforcing a new threshold for filing information returns.

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ICYMI: MBN On The Road | Michigan Business Beat | Dir. Reggie Stephens TSA Holiday Tips December 2023

Michigan Business Network
December 21, 2023 10:00 AM

Jeffrey Mosher welcomes Reggie Stephens, TSA Federal Security Director for Michigan to the MBN studio. This conversation preceded a press event held by TSA at Capital Region International Airport to provide tips for holiday travelers.  

About a half hour later, Jeffrey Mosher was among four media outlets that welcomed Reggie Stephens, TSA Federal Security Director for Michigan. This press event was held by TSA at Capital Region International Airport to provide tips for holiday travelers, Tuesday morning, December 19, 2023.

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MBN On The Road | Michigan Business Beat | Dir. Reggie Stephens TSA Holiday Tips December 2023

Michigan Business Network
December 20, 2023 5:00 PM

Jeffrey Mosher welcomes Reggie Stephens, TSA Federal Security Director for Michigan to the MBN studio. This conversation preceded a press event held by TSA at Capital Region International Airport to provide tips for holiday travelers.  

About a half hour later, Jeffrey Mosher was among four media outlets that welcomed Reggie Stephens, TSA Federal Security Director for Michigan. This press event was held by TSA at Capital Region International Airport to provide tips for holiday travelers, Tuesday morning, December 19, 2023.

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ICYMI: MBN On The Road | Michigan Business Beat | Choose Lansing - Tourism Accessibility Summit Part 2 Panel Talk 10/26/23

Michigan Business Network
December 16, 2023 9:00 AM

October 26th MBN was on the road across town in Lansing, Michigan, to Choose Lansing's Inaugural Tourism Accessibility Summit taking place at the new AC Hotel by Marriott along Michigan Avenue.

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ICYMI: MBN On The Road | Michigan Business Beat | Choose Lansing - Tourism Accessibility Summit Part 1 Kristy Durso 10/26/23

Michigan Business Network
December 16, 2023 8:00 AM

October 26th MBN was on the road across town in Lansing, Michigan, to Choose Lansing's Inaugural Tourism Accessibility Summit taking place at the new AC Hotel by Marriott along Michigan Avenue.

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Clark Schaefer Hackett | 3 Reasons to Consider Outsourced Accounting

Michigan Business Network
December 15, 2023 3:00 PM

Explore the Benefits of Outsourced Accounting Services

As innovation continues to accelerate, nonprofits need real-time financial and operational information to make the decisions to strengthen their missions. If your organization is attempting to achieve everything internally, it's time to find a partner who can provide the outsourced people, proven processes, and software solutions to handle your finances so you and your team can focus on strategy.

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Clark Schaefer Hackett | Embracing the Future: Strategic HR Has a New Name, New Image, New Office

Michigan Business Network
December 8, 2023 9:00 AM

What a year for Strategic HR!

Clark Schaefer Hackett (CSH), a Top 100 accounting and advisory firm, is pleased to announce its expansion to a new Blue Ash, Ohio office. The firm has seen tremendous growth, passing the $100 million threshold for the first time recently.

Following the acquisition of Strategic HR in May 2021, CSH enhanced the Blue Ash workspace while also making plans for a larger office to accommodate growth.

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Clark Schaefer Hackett | IRS Releases 2024 Cost-of-Living Adjustment Numbers

Michigan Business Network
November 28, 2023 3:00 PM

2024 Cost-of-Living Adjustment Figures Unveiled by the IRS

As the year draws to a close, year-end tax planning for 2023 dials up. Now that the IRS has announced the 2024 cost-of-living adjustments, affecting over 60 tax provisions, it’s time to consider how this next round of adjustments affect your tax situation. Tax brackets, alternative minimum tax, education and child-related breaks all have changes in store for 2024.

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