In this audio podcast, Tax Principal Debbie Kosnett and Senior Tax Manager Lisa Heller discuss what you need to know about the new unrelated business income silo rules.
How much revenue should go into reserves and when should it be used? Many association boards have grappled with this question and, ultimately, incorporated a key principle: A well-balanced reserve strategy includes elements of risk and opportunity.
Tate & Tryon is very pleased to announce that Doug Boedeker has been named Practice Leader, Audit & Tax Services. Doug is a partner in the Firm’s Audit and Assurance Services practice with more than 20 years of experience providing an audit, tax, and consulting services to nonprofit organizations.
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.
This podcast series episode – Successful Finance Philosophies #5 – discusses effective communication with the Board and the Finance team.
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 […]
The IRS has issued long-awaited guidance regarding the calculation of unrelated business taxable income (“UBTI”) for exempt organizations under the new tax law. Although it is considered interim guidance, taxpayers may rely on the guidance given here until proposed regulations are issued.
Moving to a high-functioning, cloud-based accounting platform puts powerful capabilities at the fingertips of any nonprofit organization. Hannah Lawrence, Senior Consultant in Tate and Tryon’s Outsourced Services practice shares ins and outs of transitioning to a new accounting platform.
As a longstanding supporter of the Annual Power of A–Summit Awards Dinner, we encourage you to join us and help celebrate the Power of Associations and their abilities to create positive change in America and around the World.
INSIDE Public Accounting (IPA) recently announced the release of its annual financial performance analysis and ranking of the nation’s largest public accounting firms. We are very pleased to announce that Tate & Tryon has been named a 2018 Top 200 Firm, coming in at #150.
IPA Top 100, 200 and 300 firms are ranked by U.S. […]