Financial Reporting May 28, 2026
The One Big Beautiful Bill Act expands IRC Section 4960, widening the 21% executive compensation excise tax to include all employees earning over $1 million.
Taxes May 11, 2026
The American Institute of CPAs requests transition relief and comprehensive guidance regarding Section 4960 of the tax code, amended last year by the One Big Beautiful Bill Act, that imposes an excise tax on applicable tax-exempt organizations.
Taxes April 28, 2026
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes April 6, 2026
The IRS's online self-service platform for businesses is now available to partnerships; federal, state, and local governments; Indian tribal governments; and tax-exempt organizations, the tax agency said April 6.
Accounting May 12, 2025
Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.
Advisory March 7, 2025
For the second consecutive year, individual contributions—the single largest source of dollars given to charitable organizations for more than 10 years—have declined.
Accounting August 23, 2023
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
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 has expanded its nonprofit advisory services practice to the Arizona market with the addition of Pete Finley.
Accounting March 6, 2023
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 ...
Firm Management September 12, 2022
The word paladin means a champion of a cause. Grant Thornton and its professionals have donated more than $650,000 to Purple Paladin nonprofits.
May 18, 2022
Join us to learn how Corpay One gives nonprofits, like Nonprofit Bookkeeping, more time to focus on their mission by offering clients a better spend management solution for bill pay and reimbursements.