Blog
Diversifying a Nonprofit Board
Nonprofits must aim to diversify their boards in order to have a better understanding of the communities they serve and effectively make decisions. This article discusses ways nonprofits can think…
Leveraging Your Nonprofit to Create Job Opportunities
Nonprofits empower communities by solving social challenges. This article discusses how nonprofits can facilitate economic growth by creating new job opportunities. To view this article, click HERE to access…
GASB Simplifies Accounting for Capitalized Interest
By Susan Friend, CPA The Governmental Accounting Standards Board (GASB) Statement No. 89 (Statement), Accounting for Interest Cost Incurred before the End of a Construction Period, which is effective for…
Irs Answers Many Questions on New 21% Executive Compensation Tax
By Norma Sharara, JD and Joan Vines, CPA On Dec. 31, 2018, the IRS released Notice 2019-09 (the Notice), providing interim guidance regarding Section 4960 of the Internal Revenue Code…
Nonprofits and ‘Demon Donors’
Nonprofits usually accept any donations given to them, but when do nonprofit leaders know where to draw the line? This article discusses what nonprofit organizations should consider before accepting donations….
Guidance Released On Taxable Income From Parking And Other Fringe Benefits
By Marc Berger, CPA, JD, LLM The bill known as the Tax Cuts and Jobs Act, enacted in December 2017, added new Section 512(a)(7) to the Internal Revenue Code (IRC). …