Nonprofits: Understanding the Tax Issues

Do you think “nonprofit” means you don’t have to deal with the IRS? Actually, there are still some serious tax obligations. It’s often assumed that nonprofits have no tax obligations… [more]

Is It a Grant or Is It a Contribution?

By Cindy McGiffin, CPA, LSWG Audit Supervisor A new FASB Accounting Standards Update may change the way you are recording grants. FASB Accounting Standards Update (ASU) No. 2018-08, Clarifying the Scope… [more]

Tax Scams: The Pandemic Edition

With all the things that are changing in 2020, there is one constant you can count on: Tax scams are still with us. The IRS has published its annual list… [more]

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