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The U.S. has acknowledged the trend of reshoring by launching the SelectUSA program, holding an Insourcing American Jobs Forum and creating a New Manufacturing Innovation Institute Competition. Groups such as the Reshoring Initiative offer assistance to U.S. companies.

Risk and compliance are key considerations for food and beverage companies in search of new avenues of expansion. To follow is a discussion on compliance with the Food Safety Modernization Act (FSMA). A focal point of compliance has become risk assessment including cybersecurity risks.

Certain tax-exempt organizations, specifically those registered with New York as solicitors of contributions under Article 7-A or as a dual registrant under Article 7-A and EPTL, and who received revenue and support in excess of $250,000, now face an additional filing and administrative burden with the New York Department of State.

This article examines the Treasury Department and IRS guidance on how an exempt organization subject to the unrelated business income tax (“UBIT”) described in IRC Sec. 511 determines if it has more than one unrelated trade or business and, if so, how the exempt organization calculates unrelated business taxable income (“UBTI”) under IRC Sec. 512(a)(6

Why should nonprofits consider using an operating measure.

The House recently voted to include a reversal of the unrelated business income tax on disallowed fringe benefit expenses related to transportation benefits. The bill has been moved to the Senate and is pending.

Not-for-profits have been recognizing grants and contributions in the same manner for decades. ASU 2018-08 will change revenue-recognition considerations for these types of funding, particularly for revenue related to governmental grants.

ASU 2016-14 is a significant update to the not-for-profit financial statement reporting model and will require a change in mindset for preparers of not-for-profit financial statements. Here are some practical considerations for implementation.

As Chair of the AICPA Governmental and Not-for-Profit Training Conference, Not-for-Profit Services Partner Candice Meth opened the event in Las Vegas on Monday, October 17th with remarks on the importance of sharing knowledge with peers and clients alike.

Not-for-profits have embraced social media because it allows organizations to spread their word and monitor their presence in a cost-effective and timely fashion. Not-for-profit organizations need to evaluate the investment and rewards in creating and implementing a social media plan.

The New York Prudent Management of Institutional Funds Act became law on 9/17/10 for NPOs. NYPMIFA applies to all types of New York not-for-profit organizations, including educational and religious entities. The law covers trade associations and not for profit social clubs and welfare organizations. NYPMIFA did away with the HDV benchmark and permits

Tips for nonprofit's evaluating an IT Environment for Cloud integration. How to assess your organization’s technology needs and where to invest your limited IT resources. Tips for creating a technology asset inventory and determining future technology needs.

Having a social media policy to provide guidelines and mitigate liability is imperative. A social media policy can a first line of defense to mitigate risk for the employee and the employer. Key concepts that should be discussed when structuring the framework of a social media policy.

The term cloud computing is everywhere, but what exactly does it mean? As a not-for-profit organization, the flexibility and cost savings of cloud computing makes sense in the long run. Jenifer Keiser, CPA discusses what cloud computing is and four common deployment models for cloud services.

In the time of COVID-19, with record-breaking unemployment, employee furloughs, and companies cutting expenses in order to stay afloat, there is an increased vulnerability and heightened risk for corporate fraud.

Capital raising remains a hot topic for new and existing fund managers, especially in light of COVID-19. EisnerAmper hosted a webcast on “Capital Raising Considerations for Alternative Investment Funds” to discuss this topic in greater detail and provide some capital raising insights in the current environment.

IRS Notice 2020-52 provides clarification regarding the requirements that apply to a reduction or suspension of contributions to a safe harbor 401(k) plan, which will solely reduce contributions to the plan made by a plan sponsor on behalf of highly compensated employees.

Brick-and-mortar fitness studios were growing at a robust pace until the coronavirus pandemic changed everything. With leading fitness chains facing widespread downsizing and bankruptcies, they will have to alter their business models to accommodate the new normal.

IRS announces that retirement plan participants or IRA owners who already took a required minimum distribution in 2020 from certain retirement accounts now have the opportunity to roll those funds back into a retirement account following the CARES Act RMD waiver for 2020.

Through the Paycheck Protection Program Flexibility Act and subsequent guidance, the PPP continues to evolve.