Republicans in the U.S. House of Representatives Budget Committee recently circulated a draft list of policy options, some of which…
What You Need to Know Before the April 2025 Deadline
With the 2024 tax season just around the corner, there are some important updates you need to know about. Staying…
Accounting for Contributions in Nonprofit Organizations
Nonprofit organizations play a vital role in society by addressing various social, cultural, and environmental needs. To effectively manage their…
Key 2024 Tax Updates: What You Need to Know Before Filing
With the 2024 tax season just around the corner, there are some important updates you need to know about. Staying…
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…
