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 An outdated committee structure had the finance team running in circles to accommodate the constant informational […]
At Tate & Tryon, a firm focusing exclusively on nonprofit 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 excellent report […]
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 […]
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 […]
Honesty and accuracy go a long way, especially when you are dealing with the IRS.
Recently, a tax-exempt charity known as the Foundation for Moral Law was audited by the IRS. According to the Washington Post, the IRS audit found discrepancies between the organization’s Form 990 filings and its internal books. In a […]
By: R. Michael Sorrells, CPA, Tax Principal
Every U.S. state, the District of Columbia, U.S. territories and several foreign countries have unclaimed property (escheat) laws on the books. The purpose of these laws is to protect consumers and companies by ensuring that money owed to them is returned to them instead of remaining permanently with companies […]
By: Deborah G. Kosnett, CPA
A major change in how the Internal Revenue Service audits partnerships is quickly approaching. Effective January 1, 2018, all IRS partnership audits will take place at the partnership level, as a result of a centralized partnership audit regime mandated by the Bipartisan Budget Act of 2015. Any tax liability resulting from […]
By: Jeff Quigley, CPA, Partner
If you were surprised by the outcome of your recent tax preparation, you may now be motivated to make some changes. You may decide to adjust your withholdings, commit to give more to the charity of your choice, or simply endeavor to better organize your records.
You may now have the time […]
Join us on October 24th at the Grand Hyatt in Washington, DC as we honor the recipients of the 2017 Nonprofit CFO of the Year Awards.
The nonprofit CFO role has evolved from simply a number cruncher to a big-picture thinker involved in nearly every facet of the organization. Today, CFOs are increasingly […]
Audit Partner, Doug Boedeker, will be speaking at the 2017 Nonprofit Finance Summit in Chicago, IL on September 12-13, 2017.
Doug will be presenting a session titled, “Inside the Buttoned-Down Mind – What Keeps Your Auditor up at Night!” in which he will discuss the key areas that can lead to audit findings for even well-prepared […]