Accounting & Audit

SAS No. 145 – What Is Changing

The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material...
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Clean Energy Tax Incentives

The Inflation Reduction Act of 2022 introduced changes in clean energy tax credits, particularly impacting tax-exempt organizations. The legislation allows these organizations, traditionally outside the...
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Calibre CPA Group - CECL Article

The Current Expected Credit Loss (CECL) Model for Not-for-Profits – What You Need to Do Now

Accounting Standards Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) implementation starts with fiscal years ending December 31, 2023, but the adoption date...
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Calibre CPA Group’s Cybersecurity Tech Tips for NFPs

MFA Everything Multi-Factor Authentication (MFA) protects your IT resources by using an additional check on the login process for your data and services.  MFA requires...
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Calibre CPA Group | Cybersecurity Awareness Training

Cybersecurity Awareness Training

In today’s digital age, businesses of all sizes face a growing number of cyber threats that can put sensitive information, customer data, and financial resources...
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SECURE Act 2.0: What You Need to Know

On December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, which is wrapped into a larger bill, Securing a Strong Retirement Act, commonly...
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DC Parking Cash Out Law: Compliance in Light of Approaching January 15, 2023 Deadline

The reporting requirements of the Law may impact many DC employers who offer free or subsidized parking to its employees as the first compliance reporting...
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Calibre CPA Group – Paper With IRS - Internal Revenue Service Table on Charts

Form 1099-K: What You Need to Know

What is Form 1099-K? Form 1099-K, Payment Card and Third-Party Network Transactions, is an Internal Revenue Service (IRS) Form used to report credit/debit card transactions...
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Form 990-N Filing Alert: New Sign-in Process

Who Should File Form 990-N? Most small tax-exempt organizations that have an annual reporting requirement can satisfy that requirement by filing Form 990-N, Electronic Notice...
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