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Category: Nonprofit

Feeling Charitable? Act (or Don’t Act) Now

The One Big Beautiful Bill (“OBBBA”) preserved one familiar charitable giving rule, but quietly changed several others in ways that make timing more important than…

Key Proposed Changes in the 2025 OMB Supplement Draft and What They Mean for Nonprofits

The Office of Management and Budget (OMB) recently released the draft of the 2025 Compliance Supplement, an essential resource for auditors and organizations receiving federal…

Overview of the Budget Reconciliation Bill: the “One Big Beautiful Bill Act”(PL 119-21)

On July 4, 2025, President Donald J. Trump signed into law the so called ‘One Big Beautiful Bill.’ The law effectively extends many of the…

Be Aware of the Payroll and Tax Changes in 2025

As we move further into 2025, it’s crucial for nonprofit organizations to stay ahead of the curve with the latest payroll and tax updates. From…

What Can You Do to Prevent Fraud?

Fraud doesn’t discriminate. It affects businesses of all types, in all industries, with any ownership structure. While it’s not possible to mitigate every fraud scheme…

The Psychology of Fraud

No business is immune to fraud. Even if you’ve built a robust control environment, your business could be vulnerable to threats. This is especially true…

Occupational Fraud: What Is It, and How Can You Prevent It?

Managing fraud risk is always important, but it becomes critical in times of economic uncertainty. Fraudulent activity rises during recessions and economic downturns for a…

Corporate Transparency Act Beneficial Ownership Reporting – 3.24.25 – UPDATE

UPDATE: 3.24.2025: All entities originally established in the United States, including those previously classified as ‘domestic reporting companies,’ and their beneficial owners are now exempt…