Income Tax July 22, 2026
Seven Form 990 Red Flags CPAs Should Not Ignore
A difference in wording is not necessarily a problem. Yet at the same time, a material change in purpose or activity may be.
Taxes November 21, 2024
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Fears of a vengeful Donald Trump caused dozens of House Democrats to rethink prior support for the legislation.
Accounting July 19, 2024
Forvis Mazars Gives Back to Communities During IMPACT Days
The annual weeklong initiative from the top 10 accounting firm supports local nonprofit organizations across the country.
Nonprofit July 16, 2024
Grant Thornton Names 20th Purple Paladin: Money Magnets Club
Through the program, Grant Thornton helps emerging nonprofit organizations move from “start-up to unstoppable” and provides funding, business advice and volunteer support, while also helping nonprofits raise awareness of their work and mission.
Accounting April 26, 2024
Former Accounting Director Pleads Guilty to Stealing $430,000 From Nonprofit
Katherine Lu Acquista stole from the San Diego Regional Economic Development Corporation over a five-year period, from 2017 to 2022.
Nonprofit April 18, 2024
Only 36% of Not-for-Profits Have Seen an Increase in Funding Following 2022-23 Financial Upheaval
This is a slight improvement over 2023 where only 24 percent of organizations saw an increase in funding while 35 percent saw a decrease.
Nonprofit February 23, 2024
Nonprofits Face Growing Demand for Services but Staffing Shortages
More than two-thirds of organizations are planning to cut programs and services over the next two years.
Taxes January 18, 2024
IRS System Upgrades Delay E-Filing for Some Tax-Exempt Organizations
The IRS said on Thursday that tax-exempt groups won't be able to e-file Form 990-T or Form 1120-POL until March 17.
Accounting January 5, 2024
FASB Adds New Members to Not-for-Profit Advisory Committee
The Financial Accounting Standards Board (FASB) has appointed six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
Accounting August 23, 2023
Three Ways Outsourced Accounting Can Streamline Nonprofits
Nonprofit leaders should strive to back up their decisions with real-time financial information. However, for this to happen, they first need the time to think strategically.
Firm Management June 30, 2023
Cherry Bekaert Launches Employee-Led Non-Profit Foundation
The firm's partners have pledged more than $1M to stand up the foundation and support charitable causes and the advancement of the organization.
Accounting April 26, 2023
Forvis Launches Nonprofit Advisory Services Practice in Arizona Market
FORVIS has expanded its nonprofit advisory services practice to the Arizona market with the addition of Pete Finley.
Accounting March 6, 2023
Half of Nonprofits Saw Decrease in Income in 2022
Nearly one-half of nonprofits saw a decrease in net income in 2022 due to increases in personal compensation and operational costs, decreases in state appropriations and ...