…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….
…assists our clients in addressing the business impacts of the new lease standard, ASC 842. Colin Hannifin, CPA Colin has significant experience in public accounting for both the not-for-profit…
…annual Not-for-Profit (NFP) continuing education seminar. This year’s session was hosted by Galasso Solutions, a firm specializing in continuing professional education for CPAs and led by Melisa Galasso, a nationally…
…a member of the Not-For-Profit Industry team. Prior to joining the firm, Stephanie worked for public accounting firms in the Washington, DC area serving primarily non-profit organizations. She also gained…
…(Uniform Guidance). In this series, we will use the term “grant audit” more broadly to include Single Audits, as well as the audit requirements that may apply to for-profit broadband…
Review a list of our representative financial investigations.
…the deadline to file for an extension to file your corporate tax return. Not-for-Profit and Exempt Organization Returns 501(c)(3) organizations need to file Form 990 by May 15, 2021, (for…
Matt has over 20 years in public accounting providing audit, tax, and consulting services for HUD financed housing, VHDA financed housing and construction, not-for-profit organizations, construction, retail, and manufacturing clients….
Nonprofit special event IRS reporting requirements Fundraising events are vital for the sustainability and impact of most nonprofit organizations, as they not only generate essential donations, but also increase awareness…
…over $5,000, requiring a qualified appraisal and the nonprofit’s signature. Form 8282 – filed by the nonprofit if it disposes of donated property within 3 years of receipt (excluding publicly…
…must be used, and the beneficial owner’s name reported. Whether a decrease in a partner’s profit, loss or capital is due to a sale or exchange. If liabilities allocation includes…