March 6, 2023 - Free enhanced online access to accounting rules developed by the Financial Accounting Standards Board and the Governmental Accounting Standards Board is now available. This includes advanced features for searching, navigating, copying and pasting, and printing.
February 28, 2023 - From managing budgets like nothing has changed to ignoring vulnerabilities that lead to fraud, we explain common and costly mistakes to avoid and provide practical steps you can take as you work to maximize your ministry’s impact.
February 27, 2023 - Nonprofit leaders need to make strategic decisions amid ongoing uncertainty. Here are key takeaways from our recent discussion about the current economic forecast and the impact of inflation on investments, contributions, and employee compensation.
January 18, 2023 - Our 2023 Key Federal Tax Figures summary is designed to be a helpful reference tool throughout the year. Download or print your free copy.
December 15, 2022 - Watch this recorded webinar for a summary of the most important changes taking place in exempt organization tax. We focus on areas that are changing and areas that remain unchanged — all with an eye toward what 2023 will bring.
October 18, 2022 - After previously announcing changes to its requirements for merchants that use subscription or recurring billing, Mastercard has altered its requirements to apply only to organizations with excessive chargebacks.
September 20, 2022 - A recent report found that due to continued processing delays at the IRS, many entities have not yet received pandemic relief benefits, including those related to the Employee Retention Credit (ERC) and Sick and Family Leave Credits.
September 13, 2022 - Mastercard clarified that its new requirements for subscription payments apply to nonprofit recurring gifts and extended the effective date for nonprofits by six months.
September 8, 2022 - The IRS announced that it will provide automatic penalty relief for certain 2019 and 2020 returns filed no later than September 30, 2022.
August 24, 2022 - As inflation has continued, organizations have had to make unavoidable decisions about compensation. Recent research provides data on inflation’s impact on nonprofits, particularly as it pertains to employee compensation. Here are some key insights and considerations.