Take another look at telecommuting

Take another look at telecommuting

These days, everyone seems to be working remotely from their home offices. If your organization hasn’t yet turned to telecommuting, or offers it only on a limited basis — for example, one day a week — you might want to take another look at the option. Why offer the...

Upcoming Changes to Revenue Recognition for Nonprofits

Revenue recognition for Nonprofits could change drastically. Several changes have been put into place for nonprofits following generally accepted accounting principles (GAAP). Due to the complexity of upcoming changes, we’ve created a handy summary of these changes,...
Not-For-Profit Financial Reporting Changes

Not-For-Profit Financial Reporting Changes

Financial reporting for not‐for‐profit organizations has not changed significantly in many years. Financial statements will change for all not‐for‐profit organizations and will include some changes in presentation and enhanced disclosures. The new standard is...

2017 Tax Cuts Act: What it Means

The Tax Cuts and Jobs Act was signed by President Trump on December 22, 2017. The Act makes sweeping changes to the U.S. tax code and impacts virtually every taxpayer. Click on the link(s) below to see how this legislation impacts specific entity types. 2017 Tax Act...
Eliminate Anxiety With New Time and Effort Rules

Eliminate Anxiety With New Time and Effort Rules

New single Audit guidelines due out later this year have been causing anxiety for many nonprofits. These new rules and regulations, called the Uniform Guidance (UG), will be in effect for entities with new contracts or revised contracts signed after 12/26/14. New...