fbpx

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.

Want updates like these sent directly to your inbox?

Subscribe to our Newsletters

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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
#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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
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 […]

Learn More
What documents should your organization be keeping?

What documents should your organization be keeping?

A nonprofit entity is required to maintain proper records to ensure the organization complies with tax rules and regulations. If an organization is unable to provide supporting documentation proving qualification […]

Learn More
NFPs with operations in Indiana: be aware of unique state audit requirements

NFPs With Operations In Indiana – Be Aware Of Unique State Audit Requirements

The Indiana State Board of Accounts (SBA) has the responsibility of examining the accounts and financial records for all state entities and entities receiving public money within the state of […]

Learn More
How the 2017 TCJA Affects Nonprofits

2017 Tax Cuts And Jobs Act Provisions Of Interest To Nonprofits

Provisions of the 2017 Tax Cuts and Jobs Act, H.R. 1, are expected to have significant impacts on charitable giving, among other changes that will affect not-for-profit organizations (NFPs) both […]

Learn More
Tax-Exempt Highlights Comparison of the TCJA 2017

Tax-Exempt Highlights Comparison – Tax Cuts And Jobs Act Of 2017

On December 22, President Trump signed into law the “Tax Cuts and Jobs Act” (P.L. 115-97), a sweeping tax reform law that will entirely change the tax landscape. The legislation […]

Learn More

Webinars

segregation of duties chart

What is Segregation of Duties and Why Is It Important to Not-for-Profit Organizations?

By Greg Jackson, CPA, Principal, at Blue & Co. What is Segregation of Duties? According to the American Institute of Certified Public Accountants, segregation of duties is a basic building […]

Learn More
succession planning

Succession Planning for Not-For-Profits: Preparing for the Expected and Unexpected

By Jason Terwilliger, CPA, CIA, Senior Manager, at Blue & Co. The uncertain times in which we find ourselves often requires us to be more agile and expectant than usual […]

Learn More
single audit threshold

The Evolution and Impact of the Single Audit Threshold in 2024

By Claudia Valarezo Guerrero, MAccy, Senior Accountant at Blue & Co. As organizations navigate evolving financial regulations, staying informed about changes is crucial for compliance and operational efficiency. A Single […]

Learn More
building and using insurance reserves

Building and Using Insurance Reserves for Sustainability

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 […]

Learn More
Planned Gifts

Planned Gifts: A Plan for All

By Mike Gricius, CPA, Senior Manager at Blue & Co. Planned gifts are a tool that can help not-for-profits plan ahead and secure the future for the years to come. […]

Learn More
donor advised funds

IRS Proposed Regulations: Impact on Donor Advised Funds

By Corey Schunemann, CPA, Manager at Blue & Co. The IRS issued proposed regulations that could dramatically affect the landscape and operations of Donor Advised Funds (“DAF”). While many organizations […]

Learn More