Nonprofit Resources
Is it a Merger or an Acquisition?
While the terms “merger” and “acquisition” are often used interchangeably, they are quite different from an accounting standpoint.
IRS Examination of Churches
Learn about a recent ruling on who has the authority to approve an IRS examination of a church under section 7611.
IRS Issues Guidance on Failure to Meet Required Minimum Distribution Standards for 403(b) Plans
The IRS has directed employee plan examiners to not challenge 403(b) plans for failing to satisfy the required minimum distribution standards if the plan cannot locate the participant and has taken certain steps.
A Template for Successful Nonprofit Mergers and Acquisitions
Nonprofit mergers and acquisitions can be beneficial for both organizations involved, but they require a significant investment of time and effort. If your organization is considering joining with another entity, these four phases will help guide you through the necessary steps.
Tax-Free Reimbursement and Deductibility of Moving Expenses Suspended Under the New Tax Act
Previously, employers could for or reimburse moving expenses for new or relocating employees on a tax-free basis. However, under the new tax bill these payments are now taxable to the employee.
How to Improve Your Defenses Against Two Common Cyber Threats
Two of the most common cyber threats are vulnerabilities and phishing. Learn the risks posed by each and steps your organization can take to reduce those risks.
6 Strategies Under $6 to Exponentially Improve Organizational Performance
No matter how large and successful an organization may be, almost every nonprofit feels it could use more cash to accomplish its work. Here are six strategies that cost little to no money, but can produce an overly abundant return on investment.
FASB ASU 2016-14: Endowment Funds
March 14, 2018 - What to know about endowment fund reporting under the new nonprofit financial reporting standards.
Important Cybersecurity Questions for Your CPA Firm
There is no shortage of warnings from the IRS and others about prevalent fraud schemes, phishing attempts, and other cybersecurity issues.
Cybersecurity Team Demonstrates Hacking Risk on NBC Nightly News
How easy is it for hackers to gain access to your network? Our expert cybersecurity team demonstrated just how easy it can be in this NBC Nightly News segment.