Top Tax Tips for Nonprofits in 2025 Navigating tax compliance is a crucial responsibility for nonprofit organizations. To ensure a smooth tax season and maintain...Read More
The recent devastating wildfires in Los Angeles have impacted countless lives, including employees, their families, and local communities. In response, employers can provide meaningful support...Read More
The Office of Management and Budget (OMB) updated and revised guidance for federal financial assistance, including revisions to 2 CFR Part 200 Uniform Administrative Requirements,...Read More
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...Read More
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...Read More
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...Read More
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...Read More
On August 24, 2022, the Internal Revenue Service (IRS) announced through release Notice 2022-36 that it will be providing relief to certain taxpayers for the...Read More
