In the IFAP – Electronic Announcement #122 dated June 28, 2019, the Department of Education announced early implementation of the Rescission of the Gainful Employment…
HR compliance is a critical component of management and it’s important that your not-for-profit organization remains current with the latest laws and regulations concerning employer-employee…
As many not-for-profit organizations plan for a successful 2019, it’s important to stay abreast of changing regulations and trends in the industry. The following is…
Jennifer Casacchia’s article was originally published on the ASAE website here. This article was republished with permission. Copyright, ASAE: The Center for Association Leadership (November 2018),…
Draft of 2018 Form 990-T Released The IRS released a draft of the 2018 Form 990-T, Exempt Organization Business Income Tax Return, on the treatment of Unrelated…
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued ASU 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Made. The accounting…
The Internal Revenue Service (IRS) recently released Notice 2018-67 (Notice) providing guidance for tax-exempt organizations on the treatment of Unrelated Business Income Tax (UBIT). The…
Mark Miller, CPA, was featured in a Kiplinger article about charitable giving strategies. Mark is a partner of the firm and specializes in tax planning…
The focus on last year’s “Tax Cut and Jobs Act” (“TCJA”) was on business tax matters. There were, however, also several significant changes impacting Exempt…
Effective since January 1, 2018 and under guidance of the Tax Cuts and Jobs Act of 2017, tax-exempt organizations will pay an Unrelated Business Income…
Proposed Standard Addresses Diversity in Accounting Practice that Exists Between the Application of the Definition of Collections On June 26, 2018, the Financial Accounting Standards…
The IRS is adding new areas of focus for employment tax examinations and tax-exempt organizations are being closely considered. The IRS Tax Exempt and Government…
Jennifer Casacchia, CPA, is one of five individuals recently selected to the American Institute of Certified Public Accountants’ (AICPA) Not-for-Profit Section Advisory Council. By earning…
The historic tax reform act signed by President Trump on December 22, 2017 impacts charities and their donors alike. These new rules will require more…
Not-for-profit organizations are required to follow specific guidelines when it comes to accounting and financial reporting—particularly when involving restricted assets. Jennifer Casacchia, an audit expert…
