New AICPA Not-For-Profit Section to Provide Key Resources
The AICPA has created a new Not-For-Profit Member Section designed to provide information and resources to those who work in and for this industry.
Important Update on Employer Health Insurance Premium Reimbursement/Payment Plans
February 20, 2015 - For many years, employers were able to directly pay for, or reimburse employees for, the premiums of health insurance policies purchased by an employee without the employee being taxed. This favorable treatment changed effective January 1, 2014. Employers offering premium reimbursement plans are not complying with the Affordable Care Act (ACA), and may be subject to substantial penalties.
Key Federal Tax Figures for 2015
Download your free copy of our annual Key Federal Tax Figures summary, which is designed to be a helpful reference tool.
Board Review and Approval of Form 990-series Returns
The governing boards of many higher education institutions are not aware of the information being reported on Form 990-series returns.
2014 Higher Education Tax Reporting Trends Project
The 2014 edition of our annual higher education survey includes data and insight on the tax reporting implications for traveling performance music groups, hiring nonresident alien students, overseas activities, displaying art on campus, and more.
Gift Week: Gift Acceptance Policies
Why your nonprofit organization needs a gift acceptance policy.
Gift Week: De Minimis Fringe Benefits
Learn what counts as de minimis fringe benefits to employees and how to handle them from a tax standpoint.
Gift Week: Charitable Contribution Acknowledgments
Learn when a nonprofit should provide a receipt or acknowledgement to a donor, and what that should entail.
Gift Week: Vehicle Donations
A taxpayer donates a used van to a 501(c)(3) public charity. Does the charity need to file a Form 1098-C for the van and send a copy to the donor?
Gift Week: Business Gift Limits
Incidental costs, such as engraving on jewelry, or packaging, insuring, and mailing, are generally not included in determining the cost of a business gift for purposes of the $25 limit.