Blog & Updates2022-04-08T23:38:01+00:00

Blog & Updates

How Employers Can Help Employees Lessen Today’s Inflation Impact

Inflation is everywhere—from our social media feeds to online articles to cable news programs—everyone is talking about inflation right now. The Consumer Price Index (CPI) -  the best-known indicator of inflation which tracks the cost of living over time, rose 8.3% in the 12 months ending in April 2022. These numbers have many economists drawing comparisons to the inflationary environment of the 1970s and early 1980s—a time dubbed "The Great Inflation". Today's inflationary environment hurts the purchasing power of all nonprofit and for-profit employees alike. Unfortunately, the resulting financial stress can negatively impact employees’ job performance. In fact, a recent [...]

June 14th, 2022|News|

How Inflation Impacts Your Nonprofit and Steps You Can Take to Mitigate the Impact

The Consumer Price Index (CPI) rose by 7% in 2021 based on data from the U.S. Bureau of Labor Statistics (BLS). In fact, according to the BLS, this was the largest CPI gain in the United States since 1982. In the near term, Goldin Groups CPAs believes the current wave of inflationary pressure—driven by the sharp economic recovery—will subside. Nevertheless, it’s prudent for nonprofit leaders to be prepared in case the current level of inflation lasts longer than expected or worsens. In this article we take a closer look at how inflation impacts nonprofits, effective strategies for countering inflation at [...]

April 11th, 2022|News|

Own Crypto? Here are Some Important Tax Considerations

Cryptocurrency transactions have increased exponentially in recent years. According to the Wall Street Journal, “The volume of cryptocurrency transactions grew to $15.8 trillion in 2021, up 567% from 2020, in a sign that the trading of digital assets is becoming increasingly mainstream." The growth in the NFT market, the metaverse, and an increasing number of companies accepting crypto as a form of payment have led the average crypto investor to ask more questions than ever about crypto tax liabilities. In this article we take a closer look at taxable liabilities related to crypto, tracking and calculating the cost basis of [...]

February 18th, 2022|News|

Should Your Nonprofit Get an Independent Audit?

Independent audits are a topic of frequent discussion amongst charitable nonprofit organizations. Nonprofits are often required to get an independent audit for many different reasons. However, for some nonprofits there is no requirement for an independent audit to be conducted. In these cases, the question is raised as to whether it would still be beneficial to receive an independent audit. In this article, we discuss what independent audits are, the common reasons they are required, and the benefits nonprofits receive by getting independent audits—even when there is no requirement to do so. What is an Independent Audit? During an independent [...]

February 10th, 2022|News|

Chairman DCPA 2020

Javier Goldin, the managing partner of Goldin Group LLC, is selected to join the Digital CPA 2020 Advisory Board! Digital CPA is the leading conference for practitioners curious about technology and its impact on the accounting landscape. Together we’re challenging business models, transforming practice areas and driving innovation across the profession.  

February 21st, 2020|News|
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