Our Thoughts On

Sort by

Categories
Authors

Not-for-Profit

Articles 31 - 40 of 184

New Submission Requirements for Forms 1099-MISC

The Protecting Americans from Tax Hikes (PATH) Act of 2015 updated the due date filing requirements for Forms 1099-MISC as follows: January 31 - Reporting

Free Speech/Privacy Advocates Score Significant Victory with Changes to Form 990 Schedule B Disclosure Requirements

Advocates of free speech and personal privacy scored a significant victory with the Service's recent release of Revenue Procedure 2018-38. Effective

IRS Issues Interim Guidance to Organizations with Multiple Unrelated Businesses

On August 21, the Internal Revenue Service released IRS Notice 2018-67, which provides long-awaited interim guidance on the new rules under Section 512(a)(6)

GDPR's Effects on Higher Education

Co-Authored by: Jaye Wilson It has been nearly three months since the General Data Protection Regulation (GDPR) has gone into effect, its impact has been

Register to receive our weekly newsletter with our most recent columns and insights.

Proposed Changes to Data Collection Forms Could Add Significant Hours to Compliance Reporting

On April 3, the U.S Department of Commerce Federal Audit Clearinghouse (FAC) proposed revisions to the Data Collection Form (DCF) that is submitted by

Final Regulations on Recordkeeping and Substantiating Charitable Contributions

The American Jobs Creation Act of 2004 and the Pension Protection Act of 2006 made changes to the charitable contribution deduction recordkeeping and substantiation

Tax Reform Impact on Donor Acknowledgement Letters

Each year, charitable organizations gather their contribution data over the past calendar year in order to prepare their donor acknowledgement letters.

IRS Releases Draft of 2018 Form 990

On July 18, 2018, the Internal Revenue Service (IRS) released a draft of the 2018 Form 990. With the passing of The Tax Cuts and Jobs Act (The Act), two

Register to receive our weekly newsletter with our most recent columns and insights.

Procurement Standards - Is Your NFP in Compliance?

In May 2017, the Office of Management and Budget (OMB) issued an additional one-year grace period for implementation of the procurement standards in 2

Not-for-Profit Entities Receive Guidance on Contributions!

Be aware! If your organization receives contributions from third parties, or contracts with government agencies, there are changes to the method and timing

Register to receive our weekly newsletter with our most recent columns and insights.