…2018-67 and 85 FR 23172 make clear that EOs are well advised to evaluate their existing methodologies and develop an implementation plan that incorporates guidance received so far. Keiter’s Not-for-Profit…
…the audit process, financial reporting, and Sarbanes-Oxley set-up and testing. She serves clients in a variety of industries including insurance brokers, not-for-profit, manufacturing and distribution. In addition, she is a…
…the taxable wage base). For payroll and some 401(k) plans that provide for profit -sharing contributions, employers should take note of the following changes that begin on January 1, 2025….
…training for your nonprofit team To promote a behavior of cyber diligence/skepticism, your nonprofit needs to continually educate your team and volunteers that have access to the organization’s computers on…
Designing effective financial reports for nonprofit stakeholders Nonprofit organizations have a variety of stakeholders including the bank, the board of directors, the management team and grantors, just to name a…
…Tribal governments, and non-profit organizations that administer federal financial assistance programs. Single Audits are required for recipients who expend at least one million dollars in aggregate federal financial assistance, whether…
Proactive planning can help your nonprofit avoid year-end closing challenges The fiscal year-end for many nonprofit organizations is June 30, 2025, initiating the commencement of the 2024–2025 year-end closing process….
…Termination of private foundation status by operating as a public charity. What changes should not-for-profit organizations be aware of? The IRS recently announced several much-needed changes to Form 8940 to…
…questions over accounting or presentation of special events. Additional Fundraising and Special Event Accounting Insights Nonprofit Accounting: Fundraising Reminders Nonprofit Accounting FAQs: Fundraising Events Nonprofit Fundraising Event IRS Reporting Checklist…
Strengthening financial foundations for not-for-profit organizations Keiter hosted its 2026 Not-for-Profit Update on January 13, 2026, bringing together nonprofit leaders, finance teams, and board members for a focused discussion on…
…to capture the updated total contract amount and estimated costs. These inputs drive the WIP schedule and ultimately determine the contract’s profitability. Be sure to get the best estimated costs…