Every tax-exempt organization relies on its ability to carry out its mission without incurring unnecessary financial burdens. Maintaining that status requires careful attention to...Read More
One Big Beautiful Bill Act The One Big Beautiful Bill Act, recently signed into law, enacts wide-ranging updates to U.S. tax policy. The legislation...Read More
Top Tax Tips for Nonprofits in 2025 Navigating tax compliance is a crucial responsibility for nonprofit organizations. To ensure a smooth tax season and...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...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...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...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...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...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...Read More