Johnson & Sheldon, PLLC - Amarillo

10/14/2026

Fraud prevention starts with reducing opportunities for problems to go unnoticed. 🔎
Nonprofits with lean teams can still build meaningful safeguards.

Separate key financial duties when possible, establish approval procedures, independently review bank reconciliations, involve the board in financial oversight, and provide a confidential reporting channel.

Small controls can provide valuable protection for organizational resources and donor trust.

👉 Check out the full article: https://bit.ly/4xIoOzp
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Nonprofits are disproportionately vulnerable to occupational fraud due to small administrative teams, part-time board oversight, and heavy reliance on cash-based transactions. Asset misappropriation schemes such as skimming, billing fraud, and expense reimbursement abuse are among the most common th...

10/10/2026

Sometimes the most important thing we can do is simply check in. 💚
National Mental Health Day reminds us that mental well being matters at home, at work, and throughout our communities. Today, we encourage everyone to make space for understanding, connection, and support.

10/08/2026

📅 The extra time is almost up.
The October 15 tax extension deadline is next week. If you requested an extension, make sure your return is complete and ready to file so the deadline does not become an unnecessary source of stress.

10/07/2026

Your nonprofit's Form 990 may have a much wider audience than you think. 📋
Because much of the return is publicly available, donors, grantmakers, regulators, and other stakeholders may use it to understand your organization.

Accurate numbers, current program descriptions, proper disclosures, and a thorough review process can help strengthen both compliance and credibility.

👉 Check out the full article: https://bit.ly/4rv48tg
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Form 990 is more than a tax return; it's a public document that donors, grantmakers, and regulators use to evaluate your nonprofit. Common mistakes in filing, reconciliation, and narrative disclosures can raise questions about financial stewardship or put your tax-exempt status at risk. This article...

10/01/2026

Protecting your organization starts with protecting its information. 🔐
Cybersecurity Awareness Month is a timely reminder to review the everyday practices that help keep sensitive data secure. Strong passwords, updated systems, thoughtful access controls, and employee awareness all play an important role.

09/30/2026

Is a profitable looking construction project quietly losing margin? 📊
The answer may become clearer when job costing, change order tracking, and WIP reporting are reviewed together.

Accurate costs show where money is going. Updated forecasts show where the job is headed. Change order controls keep added work visible. WIP reporting connects those details to revenue, billing, profit, and cash.

👉 Check out the full article: https://bit.ly/4AvAvfu
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Construction businesses can stay profitable on paper while margin quietly slips away on individual jobs. This article explains how job costing, change-order management, and work-in-progress reporting work together to surface problems early. Learn what to look for in each system and how to keep all t...

09/22/2026

A fresh season is the perfect time for a fresh perspective. 🍂
As fall begins, take a moment to reflect on your achievements, revisit your goals, and prepare for the months ahead.

Happy first day of fall from the J&S team!

09/17/2026

💡 One conversation could save your parents from becoming the next scam victim.
Financial scams often rely on fear, urgency, and secrecy. Help your loved ones recognize the warning signs before they receive that convincing phone call or text.

Our latest video shares practical steps to strengthen financial security and reduce risk: https://bit.ly/4x5nQwS
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Your dashboard should do more than confirm what already happened. It should warn you before problems arrive. Learn how to identify the leading indicators that give you time to act, not just a record of what went wrong.

09/15/2026

Business mileage is worth more for the second half of 2026. 🚗
Beginning July 1, the IRS standard business mileage rate increased from 72.5 cents to 76 cents per mile.

That means taxpayers using the standard mileage method need to separate qualifying miles driven during the first and second halves of the year. Good records remain essential.

👉 Check out the full article: https://bit.ly/46DjlP9
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to 76 cents per mile. Taxpayers who use their vehicle for business, medical, or qualifying moving purposes will need to track mileage separately for each half of...

09/11/2026

Some moments shape history forever. 🇺🇸
Today we honor the victims of September 11, remember the courage of the first responders, and recognize the resilience shown by countless families and communities. May we continue to stand together in remembrance and hope.