Nonprofit

Nonprofits have faced a litany of changes, risks, and challenges over the last three and a half years due to the onset of the COVID-19 pandemic

On October 21, 2021, the IRS released an advance version of Notice 2021-56 that sets forth standards that a limited liability company (LLC) must satisfy to receive a determination letter recognizing it as tax-exempt under section 501(a) and described in section 501(c)(3)

In the summer of 2021, The Accelerating Charitable Efforts (ACE) Act was introduced in the US Senate

This article represents Windes’ analysis of the Biden Administration’s tax proposals provided in the “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals” document prepared by the Department of the Treasury (Treasury), released on May 28, 2021

  https://windes.wistia.com/medias/515n6i1z1i?embedType=async&videoFoam=true&videoWidth=640   This informative presentation discusses GAAP and Auditing Standards updates, along with the latest nonprofit industry news and issues impacting our sector