If your organization has revenues and losses from unrelated business income (UBI), your tax picture could change drastically under the new tax laws. Starting with tax years beginning after Dec. [...]
The procedures to account for contributions and exchanges have been made clearer thanks to recent guidance issued by the Financial Accounting Standards Board (FASB). ASU 2018-08, Clarifying the Scope and [...]
Businesses and nonprofits should expect changes when it comes to parking benefits. The Tax Cuts and Jobs Act (TCJA) has amended Section 274 to limit or remove tax deductions for [...]
The IRS and Treasury Department have released interim guidance on the new tax law affecting excise taxes on executive compensation for tax-exempt organizations such as nonprofits and higher education entities. [...]
Hiring and retaining quality employees is critical to helping your nonprofit grow and thrive. To help in your efforts, James Moore has created a salary survey for use by nonprofits [...]
In a move to protect donor privacy and ease reporting burdens, the Treasury Department and the IRS announced on July 16 that certain nonprofit organizations no longer have to report [...]