We recently discussed ASU 2018-08, which addresses procedures to account for contributions and exchanges. Our previous article covered whether a transaction is a contribution or exchange. In this piece, we’ll [...]
Most nonprofits know they need to document how their grant funding is used. And while there were previous rules from multiple sources, CFR (Uniform Guidance) brought them together—streamlining and consolidating [...]
We all know that people make the difference when it comes to nonprofits. That goes not only for the staff you employ, but your board members as well. An effective [...]
The Taxpayer First Act (HB 3151) cleared the way for reforms aimed at improving the tax return process for taxpayers. However, it also introduces some new protections and requirements for [...]
Donor advised funds (DAFs) are one of the fastest growing vehicles for charitable giving in recent years thanks to the advisory control and tax benefits they can provide to donors. [...]
Individual coverage health reimbursement arrangements (ICHRAs) are one of the newest ways to provide a valuable healthcare benefit to your employees. If you’d like to offer this benefit or need [...]