Christine Thomas
IRS Outlines Exempt Organization’s 2016 Priorities
The IRS Tax Exempt and Governmental Entities Division recently issued their 2016 priorities. Exempt Organizations (EO’s) overarching compliance strategy is to ensure organizations enjoying tax-exempt status comply with the requirements…
Steep Penalties for Excess Benefit Transactions
In recent years, the IRS has increased its audits of not-for-profit organizations. One of the hot-button topics is asset protection, which includes monitoring private inurement and private benefit transactions by…
Learn How Impending New Regulatory Reforms Will Affect Your Entity
On December 26, 2013, the Office of Management and Budget (OMB) issued its final grant reform rules to the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards,…
Ensure the Viability of Your Nonprofit Through Better Donor Retention
Given the current economic conditions, including an overall decrease in government funding, donor acquisition and retention strategies are more essential than ever for managing a nonprofit organization. Over the last…