Super Bowl Host City Criteria and the NFL’s Controversial Tax History
The National Football League (NFL) has faced scrutiny over the years for some of its financial practices, including its former tax-exempt status and the process of selecting Super Bowl host cities. Up until 2015, the NFL was registered as a 501(c)(6) non-profit organization, meaning it held federal tax-exempt status. The NFL gave up this preferential […]
What Business Owners Can Learn from WeWork
The rise and fall of WeWork has captivated headlines over the past few years. Once valued at nearly $50 billion, the shared workspace provider’s fortunes took a sharp turn in 2019, culminating in a bankruptcy filing on November 6, 2023. As CEO of JBS Corp, an accounting and advisory firm serving the Merrimack Valley business […]
Understanding New Beneficial Ownership Reporting Standards (2024)
There are new beneficial ownership reporting requirements in 2024. Read this blog to learn what it is and how to file to avoid hefty fees.
How The Pentagon Failed Its Sixth Consecutive Audit
With rampant inflation squeezing household budgets, Americans are fed up with wasteful government spending. An October article from Fortune found that two thirds of families have seen expenses rise over the past year, with a mere quarter reporting an increase in income. For many, money has gotten extremely tight – they’re struggling to afford fundamentals […]