Credit is available with or without generating unrelated business income by tax-exempt organizations.
In recent years, congress and the IRS have increased scrutiny of exempt organizations, particularly regarding those organizations’ unrelated business incomes – otherwise known as UBI.
The Financial Accounting Standards Board recently released Update No. 2014-`17 for November 2014, known as Business Combinations Topic 805.
The office of Management and Budget is attempting to make good on its vow to streamline guidance for costs principles, audits and administrative requirements associated…
Louisiana residents should familiarize themselves with the state’s unclaimed property laws, which can have different parameters depending on the property type.Unclaimed property may include any…
Credit cards serve as useful tools for governmental entities in procuring good and services. However, there are certain transactions for which governments typically use credit…
For controllers of nonprofit organizations and governmental entities, preparing for the annual financial audit is one of most time-consuming tasks of the year.
The 2014 Louisiana Tax Amnesty program remains in effect through Nov. 14, 2014, allowing individual and business taxpayers to bring delinquent accounts up to date, either…
Now that the foreclosure crisis has all but subsided, the sometimes-murky process by which creditors classify distressed government-backed mortgages can be streamlined.
CityBusiness, a metro–New Orleans bi-monthly business publication, has selected LaPorte CPAs & Business Advisors as one of the 2014 ‘Best Places to Work’ for the…