Nonprofit
NJ’s New Paid Sick Leave Act – A Summary
The New Jersey State Legislature passed a new Paid Sick Leave Act, that takes effect on Monday, October 29, 2018. Below we’ve summarized the highlights for you to ensure your…
Focusing on 4 New Nonprofit Accounting Standards Updates
Happy New Year! Saying this might make you think of Christmas in July but at Mercadien, July 1st starts our new fiscal year. Our tradition in the Nonprofit and Human…
AICPA Asks the IRS to Change Form 990
Most not-for-profit organizations are required to file Form 990, Return of Organization Exempt from Income Tax. Form 990 is the IRS’ primary tool for gathering information about tax exempt organizations,…
Using Social Media as an Investigative Tool
Traditionally, social media was known as a web-based platform that allowed users to create, share or exchange information through virtual communities and networks. Today, the number and types of social…
Are You in Control of Your Company? Look Internally.
Overview of Internal Controls and Their Importance We live in a fast-paced and rapidly-changing business environment focused on innovation and efficiency. With new systems, means of access, and growth, it…
Ready, Set, Compliance!
Is your organization required to comply with certain state, federal or industry regulatory guidelines? Are you ready for your next compliance audit? Navigating the sea of regulations that exist today…
Streamlining Fundraising Licensure Through a Single Portal Initiative
Nonprofit finance professionals often identify compliance as a significant burden that has become costlier over time, especially within the past two to three years. Ensuring compliance with the various finance-related…
3 Changes to Unrelated Business Income
While most nonprofits are tax exempt, that doesn’t mean they won’t pay business income tax. When nonprofits generate income from unrelated activities, the activities can be taxed as unrelated business…
Sherise Ritter Receives Award for Advocacy from Enable, Inc.
Congratulations to Sherise Ritter, CPA, CGFM, CGMA, PSA, who received the Enable Award for Advocacy at the nonprofit’s annual fundraising gala on April 27, 2018. A managing director and co-chair…
The IRS TE/GE Office 2018 Work Plan
The IRS Tax Exempt and Government Entities (TE/GE) Office recently issued its fiscal year 2018 work plan. The plan outlines the issues the IRS will focus on as well as…