Accounting Hot Topics for Nonprofits

You are invited to join us for a training session on accounting hot topics for nonprofit organizations. Complex topics—the feared lease accounting standard, a new standard for in-kind contributions, crypto-currency recognition, and more questions— are on the horizon....

Applying for Tax-Exempt Status

Entities applying for federal tax-exempt status should know the following: Organized and operated. To qualify for tax-exempt status under Code Sec. 501(c)(3), an entity must be organized and operated exclusively for an exempt purpose. The statutory exempt purposes...