Nov 16, 2022 | Nonprofit Updates
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....
Jun 24, 2022 | Nonprofit Updates
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...
Nov 29, 2021 | IRS information, Nonprofit Updates, Tax Planning Tips, Uncategorized
Richard Scoresby, CPA, is a tax partner specializing in Nonprofit tax planning and preparation. Richard leads our Nonprofit Tax Practice. It’s always a good idea to be aware of what the IRS is focusing on to make sure your organization is compliant in the event...
Nov 18, 2021 | Nonprofit Updates, Tax Planning Tips
Julie Dabling, CPA, is a Tax Manager at Larson & Company. She specializes in tax planning and preparation for nonprofit organizations. As the year winds down, you may be thinking about what information you need to keep track of to give your CPA for the...
Apr 5, 2021 | Nonprofit Updates, Uncategorized
Richard Scoresby, CPA, is a tax partner specializing in Nonprofit tax planning and preparation. Richard leads our Nonprofit Tax Practice. What returns are required to be filed electronically? In a recent Exempt Organization update, the IRS reminded exempt...
Apr 2, 2021 | COVID-19 Information, Nonprofit Updates, Small Business Accounting, Uncategorized
Kyle Robbins, CPA, audit partner, is the leader of our Nonprofit Practice Group. He is an audit and compliance expert for nonprofits and emerging industries companies. The recent signing of the American Rescue Plan Act provided $16 billion in grants to...
