Nonprofit June 4, 2026
Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits
Executive compensation planning is becoming more closely tied to broader financial risk management.
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.
State CPA Societies April 21, 2026
Illinois CPA Society to Host Not-for-Profit Symposium in Chicago
The symposium brings multiple perspectives together through 13 sessions covering issues relevant to any NFP organization today.