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Perhaps driven by a question on Schedule M of the federal Form 990, boards have been considering whether a gift acceptance policy is desirable for not-for-profits they serve. Here are some of the benefits and considerations for adopting/updating a Gift Acceptance Policy.

An indirect cost rate is a ratio of indirect and direct costs that is approved by your cognizant federal agency which you are allowed to use in budgets in future governmental contracts. Having an indirect cost rate is beneficial for an organization, here’s why.

The IRS Exempt Organization Division has made compliance and enforcement a major priority. Here are the major IRS priorities concerning the oversight of existing tax exempt organizations. The emerging areas of risk include non-exempt charitable trusts and IRC 501(r) organizations.

The New York Fair Chance Act prohibits employers from inquiring about a job applicant’s criminal history until after a conditional offer of employment has been extended. The 3 step process for inquiries into an applicant’s criminal history after a conditional offer is extended.

As corporate sponsorship revenues for not-for-profit organizations continue to increase, so does the issue of taxation. The question of whether this revenue is taxable is not as simple as one might think. How the IRS treats revenue as taxable unrelated business income.

Webinar - understanding the principles of the FASB’s anticipated exposure draft on changing the not-for-profit financial statement model. Basic features of the draft and how the changes will affect the not-for-profit sector. Includes the changes from existing GAAP financial reporting.

Many not-for-profit organizations provide grants in the form of scholarships. A scholarship will be tax free to the recipient if the following criteria are met. It’s important to understand which scholarships are excludable from taxable income for the recipient.

Ways that not-for-profit organizations can share administrative functions and physical space. A not-for-profit could share with a for-profit, with private individuals, or with other not-for-profits that, on the surface, seem very different. Here are some ideas.

Non-operating private foundations and distribution requirements. IRC Section 4942 imposes a tax on the undistributed income of a private foundation for any taxable year, which has not been distributed before the first day of the second taxable year following such taxable year.

This content examines how, unfortunately, the business model software as a service (which gave us Microsoft 365 and Gmail) has now allowed anyone with malicious intent to become an IT security professional’s worst nightmare with the rise of ransomware as a service or RaaS.

With technology growing faster than ever, businesses need to be secure because as technology advances, so do cyber attacks and threats. Luckily, there is a way to remedy this: Perform a vulnerability scan on your external and internet network assets.

In the face of information overload, here are strategies for developing a healthy information processing discipline.

A deep dive into the importance of security compliance and essential measures for safeguarding against cyberthreats. 

This article shows how, with the help of sensitivity labels, organizations can control who has access to certain data, keeping it confidential and secure. Sensitivity labels also provide an effective way for organizations to identify and classify sensitive information, allowing them to take appropriate action when necessary.

The Security Operations Center identifies and addresses security incidents, minimizes their impact and prevents similar incidents from occurring in the future.

A recap of a recent CAPstone session featuring Poonam Jain of Baretz+Brunelle and our own partners Denise Finney and Rahul Mahna.

The Tax Cuts and Jobs Act of 2017 is likely to encourage many people in the horse racing industry to work independently. Learn more about the 20% qualified business income deduction (QBI), bonus depreciation and the IRC Sec 179 deduction.

EisnerAmper has calculated the tax consequences of Zion Williamson being a member of the New Orleans Pelicans; Kevin Durant signing with the Golden State Warriors, New York Knicks and Brooklyn Nets; and Kawhi Leonard signing with the Toronto Raptors, New York Knicks, Brooklyn Nets and either of the Los Angeles teams.

The tax and financial impacts of a divorce carry serious consequences for the family that are often overlooked. Divorcing taxpayers should consult their tax and legal advisor to determine the best course of action with respect to tax filing status.

There is much confusion on whether alimony and child support are deductible under the 2017 Tax Cuts and Jobs Act (“TCJA”). One of the law’s changes is the elimination of the deduction of alimony payments as of January 1, 2019.