Author: Mary Campagnolo

Tax-Exempt Organizations and 2017 Tax Reform

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Dear Friends in the Tax-Exempt Community:
Below is a brief overview of the key tax reform proposals relating to tax-exempt organizations. As you know, Congress is currently putting together legislation to effect significant tax reform with a timeline of having it enacted this year. Although Congress is still negotiating, the following reform proposals may impact your […]

Royalty Income of Nonprofits is Being Targeted for Taxation!

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The Senate Finance Committee’s version of the Tax Cuts and Jobs Act includes a number of items that would impact nonprofits.
Perhaps the most immediately significant is the provision that would call for taxing the revenue generated from royalties related to licensing a nonprofit’s name and/or logo. Royalty revenue has traditionally been exempt from income taxes. […]

How Could Federal Tax Reform Impact Nonprofits?

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By:  Doug Boedeker, CPA, Partner
It has been a challenge staying current on the twists and turns involved with the proposals for Federal Tax Reform. Many of the ideas within the tax reform package have a direct impact on nonprofit organizations.
Charitable deductions, executive compensation, employee fringe benefits, and intermediate sanctions are just some of the “hot […]

Tate & Tryon Launches New Tagline and Web Presence

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FOR IMMEDIATE RELEASE
November 16th, 2017
Washington, D.C. — “Driving Insights that Count” — Tate & Tryon, a leading accounting firm for nonprofits, headquartered in Washington, D.C., announced its new tagline and fresh website, marking significant growth and introducing a pivotal strategy to its service of the metropolitan area.
Charles Tate, the Firm’s Managing Director, stated “The driver […]

Takeaways from Nonprofit CFO of the Year Best Practices Panel Discussion

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Prior to the Nonprofit CFO of the Year Awards Luncheon, Tate & Tryon’s managing partner, Charlie Tate moderated a panel discussion among 4 former award winners on what it takes to run an effective finance department.
Here are five key takeaways from the discussion:

No more than 25% of their time is consumed by […]

Case Study: Ensure the Effectiveness of Your Organization’s Internal Controls

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The Challenge
A newly hired CEO wanted to begin with a clean slate, and wanted assurance that the organization had cost-effective internal controls, and that they were documented, communicated, and monitored. The organization had always received “clean” financial statement audits in the past, but the CEO was well aware that a clean audit does not necessarily […]

Case Study: Enhancing the Effectiveness of Financial Governance

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The Challenge
Tate & Tryon’s professionals were recently called upon to assist a client with improving the organization’s financial governance practices. Financial oversight responsibilities were unclear and misunderstood, resulting in increasing frustration between the board of directors and senior management. An outdated committee structure had the finance team running in circles to accommodate the constant informational […]

How to Maximize the Effectiveness & Impact of Your Board Members’ Financial Governance

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At Tate & Tryon, a firm focusing exclusively on nonprofit accounting and finance, we encounter highly motivated board members, but sadly, many dedicated board members don’t fully understand their responsibilities, particularly when it comes to financial governance.
The Antonin Scalia Law School at George Mason University, in partnership with Heidrick & Struggles, has recently released an […]

Tate & Tryon Helps Honor Top CFOs at 2017 Nonprofit CFO Awards Luncheon

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Tate & Tryon is very pleased to congratulate the 2017 Nonprofit CFO of the Year honorees who were formally recognized at the annual Nonprofit CFO of the Year Awards Luncheon on October 24th.
Founded in 2006 and presented annually by Tate & Tryon and West, Lane & Schlager, the Nonprofit CFO of the Year Awards luncheon […]

T&T Managing Partner Charlie Tate Receives 2017 Men Empowering Women Award

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Tate & Tryon is pleased to announce that the Firm’s managing partner Charles Tate was the recipient of the GWSCPA’s 2017 Men Empowering Women Award. Charlie was honored at the GWSCPA’s annual Women’s Leadership Conference and Women to Watch Awards Luncheon which was held at the Mayflower Hotel on October 13, 2017.
This brand new award […]

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