by Tani Budde | May 27, 2026 | Accounting, Advisory, Assurance, Nonprofit, Uncategorized
One of the most consistent gaps we encounter is not whether controls exist but rather how they are described. What’s often described as a control sometimes turns out to be a description of a routine task (‘bank reconciliations are performed monthly’)...
by Ericksen Krentel CPAs | Jan 19, 2026 | Accounting, Assurance, Careers, Construction, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax
Ericksen Krentel has elected Tani Budde, CPA; Gretchen Lozes Fischer, CPA; and Amanda Waguespack, CPA; to its partnership, effective January 1, 2026. “Tani, Gretchen, and Amanda have each demonstrated exceptional technical expertise, strong leadership, and an...
by Eric Powers | Dec 13, 2025 | Assurance
Missing ERISA plan documents can significantly increase costs and long-term risk for employers and plan sponsors. For example, a former employee or their heirs may file a claim for benefits they mistakenly believe are due. Here, the burden falls on the plan to provide...
by Ericksen Krentel CPAs | Dec 13, 2025 | Assurance, Construction, Healthcare, Hospitality, Maritime, Nonprofit, Tax
Here’s a summary of the 2026 cost-of-living adjustments (COLA). These adjustments announced by the Internal Revenue Service (IRS) and the Social Security Administration (SSA) have a wide-ranging impact, including the savings rate for retirement plans. We will...
by Lee Klumpp | Dec 9, 2025 | Accounting, Advisory, Assurance, Nonprofit
As nonprofits navigate a complex landscape shaped by economic volatility, delayed government reimbursements, philanthropic shifts, and increasing service demands, maintaining operational continuity requires more than reactive budgeting. It requires a forward-looking...
by Norma Sharara | Dec 9, 2025 | Assurance, Construction, Healthcare, Hospitality, Maritime, Nonprofit
The IRS released final regulations on September 16, 2025, that significantly impact catch-up contributions for employees making salary deferrals into 401(k), 403(b), or governmental 457(b) retirement plans. Catch-up contributions are amounts that employees who are age...
