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Featured Insights

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Unclaimed GoFundMe Pages Spark Concern Across Nonprofit Sector

October 2025 GoFundMe recently confirmed that it has automatically created donation pages for approximately 1.4 million nonprofit organizations across the...

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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...

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Are You Leveraging Your Software’s Full Potential?

In the realm of financial management, accounting software integration is a game-changer. It’s a key strategy for businesses seeking to...

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Sassetti’s Insights

Tax Year-End

Update on the Illinois Pass-Through Entity Tax

By Susan Penno & Thomas Kross On October 1st we sent a communication to our clients advising that Illinois enacted…

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Tax Year-End

End of the Year Tax Tips for Individuals

By Alicia Young As 2021 comes to a close, there are steps you can take now to minimize the amount…

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News Tax

House Releases Rewrite of Build Back Better Tax Proposals

A version of H.R. 5376 (the Build Back Better Act), released on October 28, 2021 by the House Budget Committee, eliminates many…

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Team Thoughts

Five Common Elements of Successful Giving Tuesday Campaigns

By Andrea Espinola Wilson, Adam B. Cole At the height of COVID-19, nonprofit organizations were on the front lines, helping communities…

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Tax

Unlocking Liquidity: Selling Your Business to an ESOP

An employee stock ownership plan – better known as an ESOP – can be an attractive and tax efficient alternative…

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Tax

Confused About Crypto? Tax Considerations for Investing in Cryptocurrency

The prevalence of cryptocurrency—or what the Internal Revenue Service (IRS) refers to as “virtual currency”— in investing and financial transactions has increased…

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