Nonprofit Issues Newsletter, Summer 2015
June 18, 2015 7:00 pm Leave your thoughtsTopics in this issue include reporting health plan coverage to employees and the IRS, cyber security, and what nonprofits need to know about corporate sponsorships.
Author Archives for Amy Bucklin
Not-for-Profit Financial Reporting 3.0: New FASB Exposure Draft
April 24, 2015 8:20 pm Leave your thoughtsEven with the challenge of learning a new framework and educating others, this may be an update to welcome.
Nonprofit Issues Newsletter, Spring 2015
March 26, 2015 7:35 pm Leave your thoughtsThe Spring 2015 edition of our Nonprofit Issues newsletter includes articles on proposed changes to not-for-profit financial reporting, building a stronger internal audit function, the COSO Framework update, and how to identify capacity gaps within your organization.
New AICPA Not-For-Profit Section to Provide Key Resources
March 24, 2015 10:01 am Leave your thoughtsThe AICPA has created a new Not-For-Profit Member Section designed to provide information and resources to those who work in and for this industry.
Important Update on Employer Health Insurance Premium Reimbursement/Payment Plans
February 20, 2015 3:17 pm Leave your thoughtsFebruary 20, 2015 - For many years, employers were able to directly pay for, or reimburse employees for, the premiums of health insurance policies purchased by an employee without the employee being taxed. This favorable treatment changed effective January 1, 2014. Employers offering premium reimbursement plans are not complying with the Affordable Care Act (ACA), and may be subject to substantial penalties.
Board Review and Approval of Form 990-series Returns
December 2, 2014 9:45 am Leave your thoughtsThe governing boards of many higher education institutions are not aware of the information being reported on Form 990-series returns.
The Who, What, When, and How of Church Internal Audits
November 11, 2014 6:07 pm 1 CommentThere are several reasons why a church may perform an internal audit. Whatever leads to an internal audit at a church, however, it’s important to perform it at the right time and through the right process. This article explains who and what an internal audit should involve, when to perform one, and how to report the results.
2014 Higher Education Tax Reporting Trends Project
October 30, 2014 11:46 am Leave your thoughtsThe 2014 edition of our annual higher education survey includes data and insight on the tax reporting implications for traveling performance music groups, hiring nonresident alien students, overseas activities, displaying art on campus, and more.
Employing the Wisdom of Small Creatures for Big Organizational Change
September 10, 2014 9:45 am Leave your thoughtsRather than thinking of ants and locusts as pests, what if we viewed them as little creatures we can learn and unearth big organizational truths from? After all, Proverbs 30:24 describes ants and locusts as “exceedingly wise.”
Gift Week: Gift Acceptance Policies
August 15, 2014 8:00 am Leave your thoughtsWhy your nonprofit organization needs a gift acceptance policy.
