Legislative Update for Exempt Organizations: July 2019
On July 1, 2019, the Taxpayer First Act of 2019 (the “Act”) was signed into law. The law is generally intended to improve customer relations with the Internal Revenue Service […]
Read MoreOn July 1, 2019, the Taxpayer First Act of 2019 (the “Act”) was signed into law. The law is generally intended to improve customer relations with the Internal Revenue Service […]
Read MoreElectronic announcements May 3, 2019 and May 24, 2019 Colleges and universities who participate in the Federal Perkins Program are no longer able to award or disburse new Perkins Loans. […]
Read MoreThe recent Accounting Standards Update (No. 2016-14) issued by the Financial Accounting Standards Board on the Presentation of Financial Statements of Not-For-Profit Entities has increased awareness of liquidity in not-for-profit […]
Read MoreIf you are a current user of QuickBooks Online (QBO), you may have received an offer of a trial version of QBO Advanced or you may have received a notice […]
Read MoreUpdate published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]
Read MoreAs of January 1, 2019, the Internal Revenue Service (IRS) has stopped mailing lists of parent and subsidiary accounts to organizations with a group ruling. In the past, the IRS […]
Read MoreUpdate published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]
Read MoreThe length of the current economic expansion, coupled with recent volatility in the economy and the financial markets serve as a reminder that organizations need to keep a long-term view […]
Read MoreNot-for-profit board members are responsible for providing guidance and direction to ensure that a given organization is proactively working towards achieving its mission and strategic vision. Part of this responsibility […]
Read MoreAre you tracking your grant or program expenses in spreadsheets, or is your current method not working well for you? If your organization is using QuickBooks, there are built-in features […]
Read MoreThe Centers for Medicare & Medicaid Services (CMS) has introduced significant changes to the requirements for hospital price transparency. The aim is to enhance pricing transparency and ensure compliance with […]
By Annmarie Novotney, CPA, Director at Blue & Co. Not-for-profit organizations have been dealing with changing circumstances on many fronts over the last five years. Part of this changing landscape […]
On April 22, Center for Medicare and Medicaid Services (CMS) released the final rule on minimum staffing level requirements for nursing homes. This rule aims to improve quality care within […]