IRS Audit Triggers for Nonprofits (Part 4): Related Party Transactions the IRS Reviews Closely
Transactions involving insiders are one of the most common areas of IRS scrutiny for nonprofit…
Governance & Nonprofit Best Practices
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IRS Audit Triggers for Nonprofits (Part 3): Compensation & Private Benefit Risks
Compensation and private benefit are among the most sensitive areas of nonprofit tax compliance—and among…
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IRS Audit Triggers for Nonprofits (Part 2): When Revenue Becomes Taxable (UBI)
IRS Audit Triggers for Nonprofits: Understanding Unrelated Business Income (UBI) Not all income for nonprofits…
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IRS Audit Triggers for Nonprofits (Part 1): What the IRS Is Actually Looking For
Many nonprofit organizations assume that IRS audits are rare or occur at random. In reality,…
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Giving Tuesday Readiness: Finance Meets Fundraising
Why Giving Tuesday Matters — and Why Finance Should Care Giving Tuesday, which falls on…
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Transforming Form 990 Into a Strategic Narrative
Beyond Compliance — Turning a Form Into a Story For many nonprofits, the IRS Form…
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Internal Controls for Lean Nonprofit Teams
Why Controls Matter — Even in Small Organizations For many small and mid-sized nonprofits, “internal…
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GoFundMe Creates 1.4 Million Donation Pages — and Many Nonprofits Had No Idea
A recent ABC7 News San Francisco report revealed that GoFundMe has automatically created 1.4 million…
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My Thoughts on “Tax Advice” from Social Media
I’ve been warning friends, colleagues, and clients for years about the risks of relying on…
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Independence in Tax Services: Why It Matters, and Why It Can Be a Win-Win
The AICPA’s Professional Ethics Executive Committee (PEEC) recently issued a revised exposure draft (Sept. 15,…