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President Biden has signed an executive order that closes federal “buy American” loopholes, thus helping boost activity and investment in U.S. manufacturing.

In response to a recent report issued by the Treasury Inspector General for Tax Administration, the IRS recently released a cannabis industry landing web page complete with GAQs related to tax and cash receipt reporting requirements.

On November 3, New Jersey voted in favor of legalizing adult use recreational cannabis. Now to establish rules, regulations and implementation details regarding the industry.

New York State Governor Andrew Cuomo has discussed legalizing and decriminalizing adult-use recreational cannabis as one means of economic recovery in light of the coronavirus pandemic.

This article takes a look at the question: Are cannabis companies that are considered ‘small businesses’ eligible to make a tax election to immediately expense their inventory under IRC Sec. 471(c)?

The United Nations Commission on Narcotic Drugs recently voted to remove cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs.

After the Treasury Department and the IRS received many questions regarding how to determine the amount of parking expenses that is nondeductible as well as treated as unrelated business taxable income (UBTI), the IRS has issued Notice 2018-99.

The FASB has issued ASU 2018-08, Topic 958, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made. Practitioners may be surprised to learn that transactions once considered 'exchange-type' may in fact have been contributions all along.

The Tax Cuts and Jobs Act contains a provision that requires tax-exempt organizations to recognize as income certain fringe benefits offered to their employees and pay a tax on that unrelated business income (UBI). Here's how and why these fringe benefits will now result in UBI.

People are more likely to donate money to an organization they trust, and having a financial statement audit is one way not-for-profit organizations can build trust as an independent audit of a not-for-profit entity provides integrity.

By providing more detailed information regarding liquidity, financial performance and cash flows, the new ASU 2016-14 standards to improve the transparency of not-for-profits as well as make their financial statements more valuable for users.

In June 2018, the FASB issued Accounting Standards Update (ASU) 2018-08, “Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made” which will have a profound impact on not-for-profit organizations.

There are steps controllers and audit committees can take to make the audit process run more smoothly and make their organizations more ‘audit-ready.’

Separation of duties is a crucial part of any organization’s system of internal controls. Organizations should strive to have some separation and these strategies should be implemented so that the controls will be strengthened with new personnel.

Passage of the Tax Cuts and Jobs Act has many leaders of tax-exempt organizations seeking answers as to whether and how the new law will affect them. And most will be affected. Here's why.

Companies seeking to employ an ESG strategy are asking what their ESG risks are and what, if anything, they are doing to address these risks. This content features a recap of our recent webinar focused on those very questions.

Five takeaways from GreenBiz 23, an annual three-day sustainability conference that brings together leaders, innovators, and activists from various industries to discuss and exchange ideas, strategies, and best practices for building a sustainable future.

"Explore ESG in Real Estate. From GRESB benchmarking, reporting frameworks, double materiality, and mitigating risk, learn the benefits of ESG for companies and investors.

IMN brought together leaders from real estate and investment markets to discuss how ESG is impacting the real estate industry, at their second annual ESG & Decarbonization of Real Estate Forum. Learn how these strategies provide real estate companies with a competitive advantage and have demonstrated proven improvements to ROI.

Zelle is a popular peer-to-peer payment app, however, its claim about safety has come into question as instances of fraud and schemes involving the payment service are occurring more frequently.