In the current world we live in, it is really difficult to stand out on social media. Due to the fact that social media platforms are the most popular way […]…
A recent article in “Taxation for Exempts” discussed certain best practices for the Board of directors of a not-for-profit entity[1]. The article clearly states that the board of directors has overall responsibility […]…
In June 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2018-08 “Clarifying the scope and accounting guidance for contributions received and contributions made.” This update was issued […]…
The IRS has released an updated stance on the new changes to the tax law that will affect non-profits this tax year. “Fringe-benefits”, which include perks such as free parking […]…
Picture this: Its a Monday and you walk into work after a weekend that felt way too short. You say hello to all your coworkers and then you take a […]…
Married taxpayers who file a joint tax return are “jointly and severally liable” for the tax due. But spouses may be able to request “innocent spouse” relief if they can […]…
Oh no, it’s that time of year again when a group of auditors sets up camp in your conference room, taking up needed space to create what looks more like […]…
Oh no, it’s that time of year again when a group of auditors sets up camp in your conference room, taking up needed space to create what looks more like […]…
There’s good news for taxpayers who have long-term capital gains. After the Tax Cuts and Jobs Act’s passage, some taxpayers will still qualify to pay a 0% federal income tax […]…
