Critical Microsoft Windows 10 Vulnerability Discovered
The U.S. National Security Agency (NSA) has uncovered a critical vulnerability that affects how Windows 10 trusts software and connects to remote computers. All Windows users should make the security update as soon as possible and turn on automatic updates.
IRS Releases New Tax Withholding Estimator
January 16, 2020 - The IRS has released an enhanced Tax Withholding Estimator that incorporates changes from the redesigned Form W-4, Employee’s Withholding Certificate.
Key Federal Tax Figures for 2020
January 14, 2020 - Download or print this helpful annual chart of Key Federal Tax Figures for reference throughout the year. There are several key points to note.
Repeal of the Parking Tax Is Now Law
December 23, 2019 - It's official: President Trump has signed the legislation repealing the parking tax. Organizations that paid tax on disallowed fringe benefits may file an amended return seeking a refund.
Early Christmas Gift? Repeal of the Parking Lot Tax Pending
December 18, 2019 - The long-awaited repeal of Internal Revenue Code section 512(a)(7) appears all but assured. The repeal would be retroactive to the date of enactment.
Nonprofit Issues Newsletter, December 2019
Get tips to reduce your fraud risk, a helpful church year-end checklist, and more in our newsletter.
General Form 1099-MISC Preparation Guidelines
We often receive questions about preparing IRS Form 1099-MISC. These general guidelines explain who should (and should not) receive a Form 1099-MISC and provide additional considerations.
Church Year-End Financial Task Checklist
To say that the end of the calendar year is a busy time for church financial departments is an understatement. This checklist of calendar year-end financial tasks will help you stay on track and get the new year off to a strong start.
4 Steps to Reduce Year-end Fraud Risks
All nonprofit organizations are at risk for fraud. It’s particularly important to be aware of this risk at the end of the year, when donations typically increase and staff members are busy.
The Gramm-Leach-Bliley Act: What Higher Education Institutions Need to Do Now
While GLBA requirements are not new, they are now part of the required audit procedures in the Compliance Supplement. Learn about the changes, the steps you need to take, and the potential cost of noncompliance.