IRS Issues Proposed Regulations on Donor Advised Funds

The IRS has proposed new regulations for Donor Advised Funds (DAFs), impacting how they are defined and managed. These regulations clarify the roles of donors and donor-advisors, introducing specific criteria for identifying DAFs and broadening the scope of liability for taxable distributions.

2024-02-15T16:33:33-05:00February 16, 2024|Categories: Not-for-Profit|Tags: |

IRS Announces Temporary E-Filing Delay for Forms 990-T and 1120-POL

Learn about the temporary e-filing delay for Forms 990-T and 1120-POL until March 17, 2024 which impacts returns with due dates falling between January 15, 2024, and March 15, 2024.

2024-01-26T14:27:23-05:00January 26, 2024|Categories: Not-for-Profit, Tax: Exempt Organizations|Tags: , |

Quarterly Nonprofit Update: Fall 2023

A third quarter not-for-profit industry update sees revenue growth and new opportunities in some segments, like museums, parks, and zoos, and challenges for membership and religious organizations. Resilience and innovation are key to navigating a changing nonprofit landscape.

2023-11-01T17:30:27-04:00October 24, 2023|Categories: Not-for-Profit|Tags: |

Whitepaper | Revenue Recognition for Not-for-Profit Organizations

A white paper about how entities in the not-for-profit industry may be affected by the new revenue recognition guidance in ASC 606.

2023-11-07T08:21:34-05:00October 17, 2023|Categories: Not-for-Profit, Whitepaper|Tags: , |

Accounting Outsourcing for Not-for-Profit Organizations

Struggles within a not-for-profit's accounting department drain time and resources that could be used to focus on achieving the core mission of the organization. Outsourced accounting can be a powerful solution.

2023-09-28T11:48:27-04:00September 27, 2023|Categories: Cloud Accounting, Not-for-Profit|Tags: |
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