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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Aug 16, 2019
News
Tag: Nonprofit Newsflash
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 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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