Archive for September, 2017

Accounting & Audit Alert- GAAP vs. tax-basis reporting: Choosing the right model for your business

Virtually every business must file a tax return. So, some private companies issue tax-basis financial statements, rather than statements that comply with U.S. Generally Accepted Accounting Principles (GAAP). But doing so could result in significant

READ MORE

Posted In: Alerts & Advisories

August 2017 Nonprofit Newsletter

This month’s newsletter includes the following topics: Donor Advised Funds: Can They Be Leveraged to Benefit Your Charity? 8 tips to determine your nonprofit’s year-end Tips from a not-for-profit standard early adopter Read the entire newsletter here. 

READ MORE

Posted In: Alerts & Advisories, Resources

Tax Alert- Watch out for potential tax pitfalls of donating real estate to charity

Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax deduction. If you’re considering a large gift, a noncash donation such as appreciated real estate

READ MORE

Posted In: Alerts & Advisories