Nonprofit Resources
Key Federal Tax Figures for 2025
February 13, 2025 - We are pleased to provide our annual Key Federal Tax Figures summary, which is designed to be a helpful reference tool throughout the year. We’ve expanded and enhanced the table this year to provide you with additional information.
Top 10 January 2025 Announcements for Higher Education Institutions
January 30, 2025 - Our monthly summary of top higher education announcements includes important deadline reminders, Financial Value Transparency and Gainful Employment information, FAFSA updates, and more.
Top Seven Nov./Dec. 2024 Announcements for Higher Education Institutions
December 11, 2024 - Our summary of the top higher education announcements in November and December covers the due date for FISAP changes and corrections, 2024-2025 FSA Assessments, FAFSA updates, and more.
Department of Labor Overtime Rule Blocked by U.S. District Court
November 18, 2024 - A federal judge in Texas has overturned the recent changes to the U.S. Department of Labor’s (DOL) overtime rule, nullifying the exempt employee status salary threshold rule nationwide.
Top Five October 2024 Announcements for Higher Education Institutions
October 31, 2024 - Top October 2024 higher education announcements, including important due dates related to FVT/GE reporting, FAFSA updates, and more.
Updates on the Foreign Grant Reporting Act
October 15, 2024 - The proposed Foreign Grant Reporting Act could have serious unintended consequences for mission organizations, missionaries, and their local partners serving in regions of severe persecution. Learn more with our email alert.
Court Affirms Salary Threshold and Duties in Overtime Exemption
October 2, 2024 - A recent court decision has affirmed that, along with certain listed duties, the U.S. Department of Labor can include a salary threshold in the definition of who qualifies for the executive, administrative, and professional exemption from the minimum wage and overtime rules in the Fair Labor Standards Act.
Top Five September 2024 Announcements for Higher Education Institutions
September 30, 2024 - Learn about the top September 2024 announcements that apply to higher education institutions, including information on the extended GE and FVT reporting deadline, suggested documentation to provide when reporting financial responsibility triggers, and more.
Top Seven August 2024 Announcements for Higher Education Institutions
August 29, 2024 - Here is a summary of the top seven August 2024 announcements that apply to higher education institutions, plus information on upcoming webinars and a training resource.
IRS Issues ERC Disallowance Letters and Releases More Warning Signs
August 8, 2024 - The IRS has begun sending letters to organizations denying their Employee Retention Credit claims. These letters typically require some form of response within 30 days of issuance. The IRS also released five new warning signs of incorrect ERC claims.