Non Profit

Inclusion of certain housing improvement expenditures that provide community benefit for reporting on Form 990, Schedule H

IRS has recently received questions regarding the inclusion of certain housing improvement expenditures that provide community benefit for reporting on [...]

Navigating SALT Nexus and Compliance for Not-for-Profits

As not-for-profit organizations expand their reach, many are unaware that they may be creating nexus in states where they have previously had a limited [...]

Big Changes on the Way for Nonprofit Accounting

The Financial Accounting Standards Board is getting ready to unveil a set of proposals that could have a major impact on the way nonprofit organizations [...]

Differences Between Private Foundations And Public Charities

The Internal Revenue Service (IRS) has allowed for the creation of tax-exempt charitable organizations. These groups manifest in one of two ways: as private [...]

Officers Of Nonprofits Face Personal Liabilities For Taxes

“No good deed goes unpunished” is a familiar refrain.  You’ll feel that way if you go on the board of a nonprofit only to end up footing the bill [...]