A certified public accountant and licensed attorney, Ted advises exempt organizations of all sizes on a wide range of tax matters, including representation before state and federal tax authorities and assistance with firm audit* or advisory engagements to formulate advice and counsel on important operating and tax issues. In addition to tax advisory services, Ted leads the firm’s tax preparation practice, including IRS Forms 990 and 990-T and related state forms. He also serves on the Church Law & Tax Senior Editorial Advisory Board and is a member of the Missio Nexus Mission Finance and Administration Planning Committee. Note: Although licensed to practice law in Indiana, Ted's services through CapinCrouse do not involve the practice of law and consequently do not result in the creation of an attorney-client relationship.
August 25, 2025 - The IRS announced that under the phased implementation of the changes in the One Big Beautiful Bill Act (OBBBA), Form W-2, existing Forms 1099, and Form 941 and other payroll return forms will remain unchanged for tax year 2025. Withholding tables will also remain unchanged.
April 10, 2025 - While nonprofit entities have always been exempt from reporting information about their beneficial owners to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), a new interim final rule has narrowed the requirement to apply only to foreign entities, and not to U.S. companies or U.S. individuals.
October 28, 2024 - With the recent changes to the overtime rule, it’s essential for nonprofits to understand the requirements and maintain compliance. We have gathered some information and resources to help.
April 27, 2023 - Two recent court cases related to FinCEN Form 114, Report of Foreign Bank & Financial Accounts (FBAR), highlight several key issues that are important for taxpayers with non-U.S. financial accounts. This article provides key takeaways.
February 27, 2023 - Although cryptocurrency may be traded on an exchange with readily available market quotations, the IRS’s position is that cryptocurrency is not a security and gifts of cryptocurrency must be substantiated by a qualified appraisal.
December 8, 2022 - Organizations with employees who work in Colorado must begin making premium deductions for the new program in January 2023. We explain the requirements and provide links to helpful resources.
August 24, 2022 - All nonprofits are at risk of being impacted by a data breach at their organization or a key vendor. And in the wake of a breach, there are numerous audit*, tax, and cybersecurity considerations.
August 24, 2022 - Starting in August 2022, the IRS has implemented a new sign-in process for nonprofit entities that file Form 990-N, Electronic Notice for Tax-Exempt Organizations (e-Postcard).
August 24, 2022 - For 2022, the maximum expense deduction eligible educators may take for qualifying out-of-pocket classroom expenses has increased to $300. This is the first time the educator expense deduction has increased since it was enacted in 2002.
December 14, 2021 - Now is a good time to remind your donors who do not itemize their deductions that they could receive a charitable contribution deduction of up to $600 on cash donations made to qualifying charitable organizations by the end of 2021.