NFP E-News Update
May 9, 2013
The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) No. 2012-05, Statement of Cash Flows (Topic 230): Not-for-Profit Entities: Classification of the Sale Proceeds of Donated Financial Assets in the Statement of Cash Flows.
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NFP E-News Update
May 2, 2013
In a letter from Lois Lerner, Director of Exempt Organizations (EO), the IRS spelled out its workplan for FY 2013.This article identifies some of the areas that will be the focus of the EO (the IRS division responsible for oversight of nonprofit organizations) in the coming year.
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NFP E-News Update
April 25, 2013
The Pension Protection Act of 2006 (PPA) required small organizations (those normally with gross receipts of $50,000 or less) to begin filing Form 990-N (e-Postcard) with the IRS. In addition to the filing, the PPA instituted automatic revocation of tax exempt status for organizations that do not file a tax return or notice for a period of three consecutive years.
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Our consulting philosophy follows our accounting philosophy quite closely in that it emphasizes efficiency, effectiveness, and innovation. We pride ourselves on a reputation of tackling the "uncommon, unique or specialized" services. Many of our professionals hold positions of significant responsibility in the healthcare field, staying on the forefront of current issues impacting the bottom-line for our clients.
These services include:
- Operation analysis and process improvement
- Acquisition due diligence
- Capital planning
- Financial advisory services (forecasting, feasibility study, & projections)
- Strategic planning
- Mergers & acquisition
Also visit our affiliate Blue Consulting Services' website by clicking here.