All entities, including nonprofit organizations, are facing the daunting task of addressing a slew of changes as a result of numerous Accounting Standards Updates (ASU) being issued by the Financial Accounting StandardsRead More →
The Tax Exempt and Government Entities (TE/GE) division of the IRS recently issued its FY 2018 Work Plan, which builds upon the agency’s ongoing mission to refine, realign andRead More →
Nonprofit organizations constantly strive to appease many constituencies. From board members to donors to program participants, stakeholders are wide-ranging and, in healthy organizations, information is constantly flowing between them and the organization itself.Read More →
Jan. 1, 2019, is quickly approaching. For most privately held construction companies, this is the implementation deadline for the new revenue recognition standard, Accounting Standards Codification (ASC) 606, Revenue fromRead More →
Do I have to tell my employees when they’re not performing to my expectations? Shouldn’t they already know what they’re supposed to be doing? After all, I hired them basedRead More →
While lots of eyes and attention remain fixed on 2017’s string of retail bankruptcies and the growth of “clicks-to-bricks” retailers, WeWork may be quietly laying the foundation for a broader move into retailRead More →
The infrastructure of a nonprofit is deceptively complex and vulnerable to conflict or even crisis if not diligently self-monitored by the board and executive leadership. This is a topic we’ve coveredRead More →
Earlier this month, the IRS released a letter revoking the tax-exempt status of a hospital for noncompliance with section 501(r) of the Internal Revenue Code. Why? The hospital failedRead More →
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU), Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, intended to clarify andRead More →
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Year End Accounting Update Summary – What Is On The Horizon?
/in Blog, Nonprofit /by John TempletonBy Tammy Ricciardella, CPA
All entities, including nonprofit organizations, are facing the daunting task of addressing a slew of changes as a result of numerous Accounting Standards Updates (ASU) being issued by the Financial Accounting Standards Read More →
IRS Issues 2018 Work Plan for Tax-Exempt Organizations
/in Blog, Nonprofit /by John TempletonBy Laura Kalick, JD, LLM in Taxation
The Tax Exempt and Government Entities (TE/GE) division of the IRS recently issued its FY 2018 Work Plan, which builds upon the agency’s ongoing mission to refine, realign and Read More →
Nonprofits: The New Kids On The Blockchain
/in Blog, Nonprofit /by John TempletonBy Sanjay Marwaha
Nonprofit organizations constantly strive to appease many constituencies. From board members to donors to program participants, stakeholders are wide-ranging and, in healthy organizations, information is constantly flowing between them and the organization itself. Read More →
Contractors, Don’t Wait to Act on Revenue Recognition
/in Blog, Real Estate & Construction /by John TempletonBy Jody Hillenbrand and Luis Torres
Jan. 1, 2019, is quickly approaching. For most privately held construction companies, this is the implementation deadline for the new revenue recognition standard, Accounting Standards Codification (ASC) 606, Revenue from Read More →
Critical Conversations Between Managers And Employees – Do We Have To?
/in Blog, Nonprofit /by John TempletonBy Donna Bernardi Paul, SPHR, SHRM-SCP
Do I have to tell my employees when they’re not performing to my expectations? Shouldn’t they already know what they’re supposed to be doing? After all, I hired them based Read More →
A Beginner’s Guide to State Nonprofit Registration and Audit Requirement Rules
/in Blog, Nonprofit /by John TempletonBy Lewis Sharpstone, CPA
WHY YOU MIGHT BE NONCOMPLIANT, AND TWO WAYS TO ACT NOW
Every nonprofit knows that they are subject to federal and state regulations for the state(s) in which they operate, but some state Read More →
What WeWork’s Jump Into Retail Means For Reits
/in Blog, Real Estate & Construction /by John Templetonby Stuart Eisenberg
While lots of eyes and attention remain fixed on 2017’s string of retail bankruptcies and the growth of “clicks-to-bricks” retailers, WeWork may be quietly laying the foundation for a broader move into retail Read More →
Obstacles Turned Opportunities in the Nonprofit Infrastructure
/in Blog, Nonprofit /by John TempletonBy Paul Jan Zdunek, MBA
The infrastructure of a nonprofit is deceptively complex and vulnerable to conflict or even crisis if not diligently self-monitored by the board and executive leadership. This is a topic we’ve covered Read More →
IRS Revokes Hospital’s Tax-Exempt Status, Shedding Light On Section 501(R) Compliance Concerns
/in Blog, Nonprofit /by John TempletonBy Laura Kalick, JD, LLM in Taxation
Earlier this month, the IRS released a letter revoking the tax-exempt status of a hospital for noncompliance with section 501(r) of the Internal Revenue Code. Why? The hospital failed Read More →
FASB Issues Exposure Draft On Accounting For Contributions Received And Contributions Made
/in Blog, Nonprofit /by John TempletonBy Lee Klumpp, CPA, CGMA
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU), Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, intended to clarify and Read More →