Knowledge and Insights: Newsletters
Bitcoin in Brief: The Mystery Unraveled
Many of us have overheard or joined discussions with friends and colleagues regarding bitcoin. Perhaps you have skimmed articles discussing its potential as a commodity or its future demise as…
Trending Now in the Nonprofit Sector
It’s difficult to recall another time period in recent history when nonprofit organizations faced such a preponderance of financial and operational challenges and new developments. Every time you turn around,…
Are You Ready for TRID?
Effective October 3rd, 2015, creditors will be required to comply with the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures Rule, also known as the TRID Rule. As with any…
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…
Understanding the Importance of Directors and Officers Insurance
Many individuals volunteer to serve on the boards of directors or trustees of nonprofit organizations they believe serve an important role in the community. The reasons individuals decide to lend…
Tax Planning is Essential to Asset Sales in Bankruptcy Cases
Asset sales are an integral part of bankruptcy cases. When considering a sale’s benefit to an estate, the potential benefit to “Uncle Sam” should also be considered. Will the debtor…
IRS ‘Get Transcript’ Hack Shows Increased Need for Cyber Caution
The IRS announced on June 2 that from February to mid-May, criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts…
It’s Wedding Season. Have You Considered All You Need To Do When You Get Married?
Your wedding planning checklist may look something like this: 1. Dress – bought 2. Tux – need 3. License – file 4. Guest list – finish; however, it would be prudent for…
Travel Insurance: What Is It And Do I Need It?
There are many types of insurances with which we all are familiar, including medical, automobile, life, etc. Another type of insurance known to some is travel insurance. Maybe you noticed…
Have You Heard the Word Merger Lately?
I have. Almost everywhere I go, nonprofit community leaders are discussing working together or collaborating with other organizations. Just over a year ago, I wrote an article entitled, “Would Your…