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The Internal Revenue Service finalized regulations on Feb. 23, 2023, significantly expanding mandatory electronic filing of tax and information returns that require almost all returns
It’s not hard for some of us to think back to the lush green lawns and stately buildings of our college and university alma maters.
Collective investment trusts (CITs) comprise nearly half of all assets in target date funds and are on track to surpass mutual funds as the most
Rather than a universal statewide program, Floridians are largely depending on their region’s utility company for credits and rebates, which can vary widely. Here’s what
An endowment is a pool of funds donated or set aside to be preserved over time in order to support an organization’s mission. Nonprofits establish
What is in the Employee Retention Credit Act, and what should you do about it? Congress enacted the Employee Retention Credit (ERC) as part of
While Accounting Standards Codification (ASC) Topic 842 is applicable to all entities, the adoption of the new leasing standard by nonprofit organizations is bringing into
What is it? The SECURE 2.0 Act went into law December 23, 2022, as part of the Consolidated Appropriations Act. It is expected to reshape
In June 2022, the Governmental Accounting Standards Board (GASB) issued GASB Statement No. 101, Compensated Absences (GASBS 101 or Statement). The Statement updates the accounting
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