Author: Mary Campagnolo

IRS Issues Guidance on Meals and Entertainment Deductions Under Tax Reform

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The IRS has issued guidance on the business expense deduction for meals and entertainment related to the tax law changes of the Tax Cuts and Jobs Act (the Act). For nonprofit organizations, this affects only taxable activities such as meal and entertainment expenses associated with unrelated business income activities, and similar expenses for subsidiary entities such as taxable corporations or passthrough entities such as partnerships.

5 Suggestions to Perfect Your Audit Committee Charter

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For any nonprofit organization, ensuring the quality and completeness of the audit committee charter is key to effective board governance. Check out these 5 helpful tips for strengthening your audit committee charter that can help even a great audit committee to govern even better.
 
5 Suggestions to Perfect Your Audit Committee Charter
 
1. INCORPORATE ALL YOUR STATE […]

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