Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Board Member Financial Literacy and Stewardship

Board Member Financial Literacy and Stewardship

Not-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 […]

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Tracking and Grants and Programs with QuickBooks

Tracking of Grants and Programs with QuickBooks

Are 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 […]

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Difficulties and Benefits of Accepting Cryptocurrency as a Not-For-Profit

Difficulties and Benefits of Accepting Cryptocurrency as a Not-For-Profit

Cryptocurrency is a virtual currency, which is a decentralized system based on blockchain technology. There are thousands of cryptocurrencies, which offer a digital medium of exchange for instantaneous purchasing and […]

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Is Your NFP Organization at Risk_ Cybersecurity Vulnerabilities

Cyber Security Vulnerabilities for NFPs

Please see Updated Article for the latest in Cyber Security A hot topic of many conversations recently has been cyber security. Are not-for-profit organizations at risk? If so, what should […]

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How to Calculate Parking Expenses Additions to Unrelated Business Income

How to Calculate Parking Expenses Additions to Unrelated Business Income

One of the biggest questions arising from the passing of the Tax Cuts and Jobs Act (TCJA) involves the add-back of disallowed fringe benefit deductions to an exempt organization’s unrelated […]

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Donor Gift Receipts – IRS Substantiation Requirements

Donor Gift Receipts: IRS Substantiation Requirements

With the end of the year approaching, many not-for-profits see an increase in giving. Therefore, we thought it would be helpful to provide a brief summary of donors’ documentation requirements […]

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The Complete Guide to In-Kind Gifts – Part 2

The Complete Guide to In-Kind Gifts – Part 2

This is the second article in a two-part series on gifts in kind. Click here to read Part 1 where we discuss types of in-kind gifts and how they should […]

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The Complete Guide to In-Kind Gifts – Part 1

The Complete Guide to In-Kind Gifts – Part 1

This two-part series will provide information about in-kind gifts, including the definition and recognition of such gifts and in the second article, the documentation best practices and impact on tax […]

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FASB ASU NO. 2018-08 – Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made

FASB ASU NO. 2018-08 – Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made

During 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2018-08 Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made to clarify […]

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Kentucky Sales Tax Hits Nonprofit Organizations

Kentucky Sales Tax Hits Nonprofit Organizations

Recently, Kentucky House Bill 487 passed, which contained significant changes to Kentucky tax laws. For purposes of this communication, we would like to highlight one major change regarding Kentucky Sales Tax […]

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Qualified Transportation: An initial look at what needs to be included in unrelated business income

Qualified Transportation: An Initial Look At What Needs To Be Included In Unrelated Business Income

Provisions in the Tax Cuts and Jobs Act (TCJA), passed late in December 2017, eliminated the deductibility of qualified transportation expenses incurred by business employers. After December 31, 2017, amounts […]

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#MeToo Movement Impacts Nonprofits

#metoo Movement Impacts Nonprofits

The #MeToo Movement, which is an international movement against sexual harassment and assault, has spread across nearly every major industry like wildfire.  People might assume that this problem would be […]

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How to Ensure Effective Internal Control as a Nonprofit

How To Ensure Effective Internal Controls As A Nonprofit

In addition to the “tone at the top,” an important part of having an effective internal control is segregation of duties. Adequate segregation of duties requires certain key functions to […]

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Deciphering Between Contributions and Exchange Transactions

How To Decipher Between Contributions And Exchange Transactions

Nonprofit organizations have various sources of revenue, and one of the trickiest areas of financial reporting for a nonprofit organization is distinguishing an item as a contribution or an exchange […]

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The Basics: Intermediate Sanctions and Excess Benefit Transactions

The Basics: Intermediate Sanctions And Excess Benefit Transactions

Intermediate sanctions sound fairly scary. In reality, regulations and penalties are equally scary, so the name is appropriate. Intermediate sanction regulations and penalties exist to stop abuses by disqualified persons […]

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Webinars

Is Your Nonprofit Ready for an Endowment? Weighing the Benefits, Costs, and Timing

By Beth Anne Akers, CPA, Manager, and Caroline Paulus, CPA, Manager at Blue & Co. An endowment fund is a powerful signal of an organization’s long-term commitment to its mission. […]

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Form 990 reporting changes

Federal Funding and Form 990 Changes: What Exempt Organizations Need to Know

By Luke Lamb, CPA, Senior Manager, and Cory Schunemann, CPA, Manager at Blue & Co. In the past month, the Office of Management and Budget (OMB) announced proposed changes to […]

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SECURE 2.0 not-for-profit compliance

SECURE 2.0: Why 2026 Is a Critical Compliance Year for Not-for-Profits

By Holly Fields, CPA, Senior Manager at Blue & Co. The SECURE 2.0 Act was signed in December 2022 and builds on the original SECURE Act to improve retirement savings […]

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building fraud resistant operations

Building Fraud-Resistant Operations

By Chad Nieter, CPA, Senior Manager at Blue & Co., and Joel Barnett, Technical Account Executive at Blue Pioneer Consulting Fraud prevention isn’t something leadership can simply hand off to […]

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credit card testing carding

Credit Card Testing (Carding): A Growing Risk for Not-for-Profit Organizations

By Rick Shields, CPA, Principal at Blue & Co. Not-for-profit organizations that accept donations through their websites face a relatively new risk: credit card testing (also known as “carding”). If […]

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not-for-profit data management

From Data to Decisions: Strengthening Not-For-Profit Finance in an AI-Driven World

By Joell Grisel, CPA, Director at Blue & Co. Financial technology keeps evolving at a pace that is hard for many not-for-profits to keep up with. At Blue & Co., […]

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