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Blog & Newsroom

If you’ve traveled you know how unproductive travel time can feel sitting and waiting for your plane. So, you figure you’ll just hop on the airport’s Wi-Fi and check your email or send out a proposal. NOT SO FAST!

Unless you’ve been hiding under a rock, you’ve probably heard about the battle between the President and Congress over funding for a southern border wall. The government “shutdown” created by the impasse has created a lot of uncertainty about many government-provided services.

Unless you’ve planted your head firmly in the sand, you’ve probably seen or read about numerous computer hacks and scams. Identity theft is a very real problem, but when a ne’er-do-well accesses your accounting system and puts your customers’ sensitive data at risk, it can spell doom for your business. 

At Zinner & Co. we place tremendous value on education and professional growth.We constantly strive to learn new things and actively engage in self-improvement. One very valuable way to do this is through reading.

The IRS has announced the 2019 standard mileage rates used for calculating deductible costs for operating an automobile for business, charitable, medical or moving purposes. 

Most American manufacturers are embracing lean manufacturing philosophies to one degree or another. Some organizations do it to improve operationally while others are forced into it by their customers. From improved on-time deliveries to reduced costs, implementing lean practices can yield tremendous results.

While many associate lean with the shop floor and systems like Kanban with just-in-time deliveries to the line, lean should impact every part of an organization, including accounting. 

One of the most difficult aspects of managing a Non-Profit is putting on successful fundraising events. Most fundraisers take months to plan and trying to get sponsors is always a last-minute scramble. 

Investing in real estate is a great way to develop wealth and improve your cash flow. In addition to the benefits of receiving monthly rental income, you can also potentially realize some significant tax benefits.

IRS Issues Guidance on Parking Expenses for Non-Profit Organizations

In Notice 2018-99, the IRS issued interim guidance on an issue that has vexed not-for-profit organizations since the passage of the Tax Cuts and Jobs Act (TCJA) in December of 2017. Under the TCJA, the payment of Qualified Transportation Fringes (QTFs) by not-for-profit organizations falls under unrelated business taxable income (UBTI) and is subject to a tax of 21%.

What’s IRMAA? 

IRMAA stands for Income-related Monthly Adjustment Rate, and it is a monthly surcharge levied on high-income retirees as an adjustment to the fee they pay for Medicare Parts B and D coverage.