Nonprofit Newsflash, Winter 2020
We want to make sure your organization stays on top of the ever-changing tax laws and regulations while staying in the best position to foster…
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Jan 10, 2020
News
Category: Nonprofit
Aug 16, 2019
Guidance Released on Taxable Income from Parking and Other Fringe Benefit
By Marc Berger, CPA, JD, LLM The bill known as the Tax Cuts and Jobs Act, enacted in December 2017, added new Section 512(a)(7) to…
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Jul 17, 2019
Lessons Learned From Implementing ASU 2016-14 – Functional Expenses
By Tammy Ricciardella, CPA Nonprofit organizations with calendar year ends are working to implement the provisions of Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic…
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Jul 05, 2019
GASB Simplifies Accounting for Capitalized Interest
By Susan Friend, CPA The Governmental Accounting Standards Board (GASB) Statement No. 89 (Statement), Accounting for Interest Cost Incurred before the End of a Construction…
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Jun 27, 2019
The Uniform Guidance – Five Years and Counting
The U.S. government created the Uniform Guidance to help streamline the process by which nonprofits and other governmental entities apply for and receive federal funding….
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Jun 17, 2019
IRS Answers Many Questions on New 21% Executive Compensation Tax
Tax-exempt and certain governmental entities, as well as their for-profit entities, may need to pay an excise tax on executive compensation and parachute payments in…
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May 20, 2019
Nonprofit Newsflash – Spring 2019
Our Spring 2019 Nonprofit newsletter gives insight into the new 21% executive compensation tax, the status of Uniform Guidance, the new statement from the Governmental Accounting…
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Mar 08, 2019
Nonprofit Newsflash – Winter 2019
Read our Winter 2019 Newsletter and learn about the impact the Wayfair Supreme Court Decision has on nonprofit organizations, funding innovation in the nonprofit sector,…
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