Author: Mary Campagnolo

The New Tax Bill – What Nonprofits Should Know Right Now

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By: Lisa Heller, Tax Senior Manager
At this writing, the Tax Cuts and Jobs Act is all but signed into law. With this new tax bill comes sweeping changes that potentially impact all U.S. taxpayers, including exempt organizations. For the most part, these changes will be effective for tax years beginning after 2017.
The full text of […]

Leveraging Internal Audit Techniques to Improve Efficiency

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Nonprofit finance teams are under constant pressure to deliver timely information, insightful business analysis, and organizational stewardship. In today’s world, finance teams are expected to fulfill these tasks faster and with fewer resources.  The tools and techniques employed by internal auditors can be of great assistance in generating organizational efficiencies while improving controls and data […]

Membership Dues Under Attack? A New Tax Reform Twist

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Dear Clients and Friends,
The American Society of Association Executives (ASAE) has identified a provision in the tax reform legislation that may serve to eliminate the deductibility of association/society dues as a business expense. Naturally, this could have a dramatic impact on the affordability of membership dues.
Jim Clarke, ASAE’s Senior Vice President of Public Policy, has […]

Coming Soon? A New 5 Year Reapplication Requirement for DC Tax Exemptions

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By: Eric Owens, Tax Senior
Exempt organizations with offices in the District of Columbia, take note! You soon will need to reapply for exemption every 5 years, according to the DC Office of Tax and Revenue (OTR). This reapplication process is slated to apply not only to the DC franchise tax exemption, but also to the […]

Tate & Tryon Makes Holiday Donation to Comfort Cases on Behalf of Clients

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Tate & Tryon has again taken the opportunity this holiday season to continue its tradition of making a donation on behalf of the firm’s clients to a local charitable organization in our community.
Comfort Cases in Washington DC received a contribution to support its mission of providing comfort and support to children entering the foster care […]

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 […]

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