Nonprofit

By Lewis Sharpstone, CPA Ensuring sustainability is a top priority for almost every nonprofit organization. But one sometimes overlooked piece of the sustainability puzzle is

By Laura Kalick, JD, LLM in Taxation The 2017 Internal Revenue Service (IRS) Joint TE/GE (Tax Exempt and Government Entities) Council Meeting was held in

By Rebekuh Eley, CPA MST Supporting organizations have been the subject of scrutiny over the last few years, from the Pension Protection Act in 2006,

By Tammy Ricciardella, CPA In this issue, we will examine two additional areas of the ASU: Expense reporting and reclassification upon expiration of donor-imposed restrictions.

By Patricia Duperron, CPA Beginning with fiscal years ending June 30, 2017, the first of the two Other Postemployment Benefit (OPEB) standards from the Governmental

By Christina K. Patten When starting a 501(c)(3) organization, the IRS will generally classify it one of two ways—either as a public charity or a

By Laurie De Armond, CPA Many, if not most, nonprofit organizations will encounter board or leadership turbulence at some point in their lifecycles. Organizational transition,

By Lee Klumpp, CPA, CGMA There are many opinions on what the fiduciary responsibilities of nonprofit board members are. The National Council for Nonprofits discusses

By Laura Kalick, JD, LLM in Taxation The Tax Exempt and Government Entities division of the IRS issued its FY 2017 Work Plan at the