Nonprofit organizations play a vital role in society by addressing various social, cultural, and environmental needs. To effectively manage their…
Navigating Federal Funding Freeze Uncertainty: What Organizations Need to Know and Do
In an unprecedented move, the Office of Management and Budget (OMB) issued Memorandum M-25-13 on January 27, 2025, implementing a temporary pause…
UBIT Triggers for Nonprofit Organizations
Nonprofits must be diligent in identifying potential UBIT-triggering activities and understanding how these activities align or conflict with their tax-exempt…
Nonprofit Volunteers: Unpaid Employees or Independent Contractors?
Tax-exempt organizations often refer to individuals who assist with various activities related to the exempt purpose of the organization as…
2024 Revised Uniform Guidance
2024 Revised Uniform Guidance On April 22, 2024, the Office of Management and Budget (OMB) issued guidance for “Federal Financial…
Expense Allocation in Managing a Non-Profit Organization
Expense allocation is a crucial aspect of managing a non-profit organization. Proper allocation ensures that resources are used efficiently and…
