Nonprofit September 1, 2026
5 Controls CPAs Can Use Before a Nonprofit Expands Fundraising Across States
Here's how CPAs can turn a nonprofit's Form 990 work and fundraising plan into a repeatable readiness review.
Accounting June 22, 2026
New University of Arizona ‘Accounting Trick’ Sparks Mixed Reactions
The University of Arizona’s plan to take legal ownership of about $70 million in endowment earnings has sparked questions from donors and finance experts about transparency and accounting practices.
Taxes June 11, 2026
IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-Exempt Groups
The Treasury Department and the IRS said last week they plan to issue proposed rules addressing the tax on excessive compensation and excess parachute payments to top executives of tax-exempt organizations under the One Big Beautiful Bill Act.
Financial Reporting May 28, 2026
Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits
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
AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief
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
Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say
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
IRS: Business Tax Accounts Expand to Partnerships, Tax-Exempt Groups, and Government Entities
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
12 Most Common Financial Reporting Mistakes in Nonprofits
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
Study: Nearly Half of Nonprofits Lack Funds to Effectively Operate
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
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.