Nonprofit Resources
New Department of Labor Overtime Rule for Exempt Employees Finalized
April 26, 2024 - A new Department of Labor rule that increases the salary thresholds required to exempt a bona fide executive, administrative, or professional employee from federal overtime pay requirements has been finalized. The first salary threshold increase will go into effect on July 1, 2024.
Nonprofit Issues Newsletter, April 2024
April 25, 2024 - Topics in this issue include the new accounting standard for expected credit losses (CECL), the current economic forecast, how to evaluate your accounting software needs, and student financial aid best practices for K-12 schools.
Adopting CECL: What Nonprofits Need to Know
April 24, 2024 - The new accounting standard for expected credit losses, commonly referred to as CECL, is now in effect. Here are answers to frequently asked questions about CECL and insight on what nonprofits need to know as they implement the new standard.
Navigating 2024: Economic Forecast and Insights for Nonprofits
April 24, 2024 - As rapid economic change and uncertainty continue, nonprofit leaders can take a strategic approach to minimizing negative outcomes. Here’s a look at the current economic forecast and the potential implications for nonprofits.
How to Evaluate the Effectiveness of Your Accounting Tech Stack
April 24, 2024 - Effective accounting software solutions and automation can provide nonprofit organizations with significant benefits. These steps will help you evaluate the effectiveness of your current accounting software and calculate the cost of making a change.
Student Financial Aid Best Practices for K-12 Schools
April 24, 2024 - Private K-12 schools must navigate many financial aid considerations. Here’s a look at common K-12 financial aid strategies and best practices.
Webcast for Nonprofits: Navigating Current Nonprofit Fraud Risks
May 21, 2024 - Fraud is a pervasive threat for nonprofits, but there are steps you can take to reduce your organization’s risk. Join us for a look at current fraud trends and best practices. We’ll share the latest data, red flags to watch out for, and best practices to help safeguard your organization.
Top Five March 2024 Announcements for Higher Education Institutions
March 28, 2024 - A summary of the top five March 2024 announcements that apply to higher education institutions, along with an updated guide and webinar information.
IRS Delays Requirement to File Form 1042 Electronically
February 29, 2024 - The IRS has delayed the requirement that IRS Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, be filed electronically in calendar year 2024.
Top Five February 2024 Announcements for Higher Education Institutions
February 29, 2024 - Here is a summary of the top five February 2024 U.S. Department of Education announcements that apply to higher education institutions, along with key reporting deadlines and webinar information.