FASB Issues Exposure Drafts for Simplification of Employee Benefit Plan Reporting


By Todd Lucas

On April 23, 2015, the Financial Accounting Standards Board (FASB) issued three exposure drafts in conjunction with its project to simplify financial reporting ... read more >

It's Finally Here! The Exposure Draft on Financial Reporting of Not-for-Profit and Health Care Entities at a Glance

On April 22, 2015, the Financial Accounting Standards Board (FASB) released the long-awaited exposure draft for the proposed accounting standards update, ... read more >

Manufacturing Watch: Index Reflects Slump in Activity

We’ve seen a trend recently indicating a slowdown in manufacturing activity. In a recent report, The Private Bank reported that an index of U.S. ... read more >

Reverse gifting? What is it? Should I do it?

All too frequently, high-net worth individuals that have engaged an estate planner have been presented various gifting strategies designed to reduce their ... read more >

UBI 101: IRS Releases Updated Primer on Unrelated Business Income

The Internal Revenue Service (IRS) continues to focus on unrelated business activities during its audits of not-for-profit organizations. Unrelated business ... read more >

Postcard from the Georgetown Law: Representing and Managing Tax-Exempt Organizations Day 1

Greetings from Washington, DC! Today kicked off the Georgetown Law: Representing and Managing Tax-Exempt Organizations conference. The opening speaker, ... read more >

Retail Sales Rebound


By Donald Applegarth

With the end of March, retail sales statistics from the year’s first quarter have been released. According to our friends at The Private Bank, Retail ... read more >

Not-For-Profit Officer and Director Liability: A Volunteer's Cautionary Tale

Early this year, the United States Court of Appeals issued an opinion confirming a jury verdict that held former officers and directors of a bankrupt nursing ... read more >

The Results Are In: Schneider Downs Manufacturers Economic Survey Report

Late last year, Schneider Downs conducted its 2014 Manufacturers’ Economic Survey to assess the state of the manufacturing industry and to gain insight ... read more >

What to Do With Unredeemed Gift Cards?


By Doug Morally

During 2014, CEB TowerGroup estimated that more than $124 billion was loaded on gift cards in the U.S. The increased use of gift cards has presented the ... read more >