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). This new section requires tax-exempt organizationsRead More →
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 reporting periods beginning after Dec. 15,Read More →
It has been over six years since Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, more commonly known asRead More →
On Dec. 31, 2018, the IRS released Notice 2019-09 (the Notice), providing interim guidance regarding Section 4960 of the Internal Revenue Code (the Code) that was enacted onRead More →
On July 16, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-38, modifying the information reported to the IRS by certain tax-exempt organizations on their annual Form 990 orRead More →
The U.S. has an affordable housing gap, and the combined impact of tax reform and tariffs could make it a lot worse. What’s the scope of the current supply gap?Read More →
The art of nonprofit fundraising is quickly becoming a science. Fundraising is a vital process for the mission of many nonprofit organizations (NPOs), and the better organizations areRead More →
Only a year has passed since the costliest hurricane season on record in the U.S. took thousands of lives and amounted in over US$306.2 billion in damages.
The hospitality industry was among the hardest hitRead More →
I have previously discussed the inevitable transition of numerous baby boomers holding leadership posts in nonprofit organizations. The topic has been well-covered in a variety of publications for nearly a decade.
Guidance Released on Taxable Income from Parking and Other Fringe Benefits
/in Blog, Nonprofit /by John TempletonBy 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). This new section requires tax-exempt organizations Read More →
GASB Simplifies Accounting for Capitalized Interest
/in Blog, Nonprofit /by John TempletonBy 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 reporting periods beginning after Dec. 15, Read More →
The Uniform Guidance – Five Years and Counting
/in Blog, Nonprofit /by John TempletonBy Matt Cromwell, CPA
It has been over six years since Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, more commonly known as Read More →
IRS Answers Many Questions on New 21% Executive Compensation Tax
/in Blog, Nonprofit /by John TempletonBy 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 (the Code) that was enacted on Read More →
Significant Rule Change for Certain Tax Exempt Organizations Reporting Donor Information
/in Blog, Nonprofit /by John TempletonBy Marc Berger, CPA, JD, LLM
On July 16, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-38, modifying the information reported to the IRS by certain tax-exempt organizations on their annual Form 990 or Read More →
Identifying and Overcoming Common Nonprofit Challenges
/in Blog, Nonprofit /by John TempletonBy Laurie De Armond, CPA, and Adam Cole, CPA
Nonprofit organizations are uniquely shaped by their mission, history, size, program goals and community.
But leaders of these organizations—whether a CFO at a global health services charity, a Read More →
Tax Reform & Tariffs Widen the Affordable Housing Gap
/in Blog, Real Estate & Construction /by John TempletonBy Joseph Canataro and Kyle Paisley
The U.S. has an affordable housing gap, and the combined impact of tax reform and tariffs could make it a lot worse. What’s the scope of the current supply gap? Read More →
How Predictive Analytics Is Transforming NPO Fundraising
/in Blog, Nonprofit /by John TempletonBy Joe Sremack, CFE, and Gurjeet Singh, MCP
The art of nonprofit fundraising is quickly becoming a science. Fundraising is a vital process for the mission of many nonprofit organizations (NPOs), and the better organizations are Read More →
4 Changing Realities of Hurricane Season for Hoteliers
/in Blog, Real Estate & Construction /by John TempletonBy Clark Schweers
Only a year has passed since the costliest hurricane season on record in the U.S. took thousands of lives and amounted in over US$306.2 billion in damages.
The hospitality industry was among the hardest hit Read More →
Compensation Committee Wake-Up Call – The ‘Other Obstacle’ To Leadership Transition
/in Blog, Nonprofit /by John TempletonBy Michael Conover
I have previously discussed the inevitable transition of numerous baby boomers holding leadership posts in nonprofit organizations. The topic has been well-covered in a variety of publications for nearly a decade.
However, I believe Read More →