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World Password Day was established back in 2013 as a way to really highlight how vital a strong password is. An effective password will keep private information safe and prevents others from accessing multiple accounts if one is compromised. While many people have not yet been victims of any password security threats, 4 out of 10 people have had their data compromised. Not only is this a headache to resolve but can also lead to security breaches within organizations and often leaves individuals feeling both vulnerable and violated.
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Continue ReadingIt is completely normal to feel overwhelmed by life or to struggle to make decisions. National I am in control day is on March 30th. On this day, we strive to get things under control in our lives on a day-to-day basis. In our new world, it can seem difficult to do this. However, there are some small steps you can take to move in the right direction. The discussion to follow are some suggestions on how you can take control for yourself.
Continue ReadingAfter nearly 4 decades in public accounting, it is with tremendous respect and gratitude that we announce the impending transition of Bruce Robinson from partner to associate as a preliminary stage of his retirement.
Continue ReadingHere we grow again! We are excited to share that we are expanding into Shelburne! RLB is thrilled to finally share that we are adding our fifth office this fall to further serve our clients. We have been busily preparing behind the scenes for our new location and thank the community members that have already welcomed us so warmly.
Continue ReadingIn Part 1 we reviewed the 3 types of contributions and how each is recognized using both the deferral method and restricted fund method. Here we discuss the net asset treatment under both the deferral method and restricted fund method. RLB’s Not-For-Profit team presented on this topic along with Contributions at their December 2020 Coffee Talk webinar presented by Colleen Gallagher or Michelle Steele.
Continue ReadingCharity vs Not-for-profit organization Often the term “registered charity” is used interchangeably with “not-for-profit organizations (NPOs)”. While both terms fall under the larger description of the voluntary, not-for-profit or community benefit sector. However, while both organizations operate on a not-for-profit basis, they are defined differently under the Income Tax Act (ITA). If an organization meets the definition of a “charity,” it cannot be considered a not-for-profit organization under the ITA.
Continue ReadingWhy is self-care more critical now than ever? Well, we’re living in stressful times. Pandemic stress is a real thing. Watching news around the world and seeing the number of COVID cases climb doesn't help. If you have kids trying to accomplish online learning while working from home, it is a huge stressor. Perhaps you live alone, and you’re feeling isolated and lonely. It’s winter, and there’s less vitamin D, so you’re also struggling with Seasonal Affected Disorder. There’s a lot to be worried about. Letting that worry build-up without giving yourself an outlet to decompress is a recipe for disaster.
Continue ReadingWhen we entered lockdown 2.0, we knew what to expect the second time around. We wanted to share these tried-and-true ways for staying connected with your team when they’re all working remotely. These 5 tips will have you boosting morale and smiling through this second wave.
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