Tate & Tryon Blog

Articles and resources for the nonprofit industry.

New Email Scam Targets Payroll Information at Nonprofit Organizations

By: Christian Spencer, CPA, Partner During 2016 a large number of nonprofit organizations received fraudulent e-mail requests to wire funds to fictitious vendors or to bank accounts not associated with legitimate vendors. This fraud scheme, also known as spear-phishing, generally commenced with an email that appeared to come from a high-level employee within the organization.  In response to this wide-spread fraud scheme, nonprofit organizations took a number of steps to [...]

March 14th, 2017|Categories: Fraud Prevention|

Tate & Tryon Welcomes Three New Hires

Tate & Tryon is pleased to announce the addition of 3 new hires to our outsourcing and technology practices. Please join us in welcoming the following new team members to the Firm: Taek Kim, Dynamics GP Consultant, T3 Information Systems Taek Kim has joined the Firm’s technology practice, T3 Information Systems, as a Dynamics GP Consultant. Previously, Taek was the Accounting Systems Manager at PayPal Giving Fund. Taek is a graduate [...]

February 1st, 2017|Categories: Firm News|

Tate & Tryon Announces Year End Staff Promotions

Tate & Tryon is pleased to announce the promotions of the following staff members within the Firm’s Audit, Tax, and Outsourced Services practices: Todd Petrich, CPA to Audit Manager Todd joined Tate & Tryon in 2013 as an Audit Senior after previously working at accounting firms in Bethesda and Chicago. He holds an MS in Accountancy from the University of Illinois, and an MS in in Taxation from DePaul University, [...]

February 1st, 2017|Categories: Firm News|

Understanding Your Responsibilities for Reporting Unclaimed Property

Over the past several months, the District of Columbia Unclaimed Property Division (the Division) has been requiring select organizations to perform a self-audit that is intended to identify unclaimed property not reported to the District.  The Division has been selecting District of Columbia (the District) based organizations who have not remitted an annual unclaimed property form over the past several years or organizations where there have been gaps in the [...]

January 31st, 2017|Categories: Accounting & Audit|
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