This podcast series episode – Successful Finance Philosophies #3 – discusses approach to taking organization focus from numbers to bigger-picture strategy.
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.
Plan compliance doesn’t need to be a barrier to offering a 401(k) plan to employees. Thanks to advances in technology, many 401(k) service providers are well-equipped to run the plan while you tend to your business’s needs. Establishing and maintaining a 401(K) plan that is compliant with federal regulations is demystified with this overview of necessary steps.
This podcast series episode – Successful Finance Philosophies #2 – covers the CFO’s role as the organizational strategist and the importance of an effective partnership between the finance function and the management team and Board.
IRS will no longer require donor reporting for non-501(c)(3) exempt organizations.
Beginning next year, non-501(c)(3)’s will no longer be required to disclose donor names and addresses on the Form 990 Schedule B. This change, recently announced by the IRS in Rev. Proc. 2018-38, will be effective for Forms 990 […]
In this audio podcast, Tax Principal Debbie Kosnett discusses the recent SCOTUS Wayfair decision allowing states to collect sales tax from online retailers, why it’s so important, and what the implications are for nonprofit organizations.
In this audio podcast, Audit Partner Doug Boedeker provides an overview of the new guidance found in FASB’s recently issued ASU 2018-08 Topic 958, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made.
The first episode of this 6-part podcast series – Successful Finance Philosophies #1 – touches on key elements to a successful Finance Function.
In this video, Outsourced Services partners Anna Hofmeister and David Bohn discuss the types of financial technology tools nonprofits should be leveraging to achieve a high-functioning finance department.
Hear about powerful finance department technologies that bring strong controls, greater efficiencies, cost savings, and insightful dashboard reporting for strategic decision-making.