Not-for-profits have specific accounting and reporting requirements, along with demands for maintaining low operational overhead. IRS regulations, grant-writing, managing volunteer time and donations are just a few of the issues highlighted in the Not-for-Profit Section.
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Universal Charitable Deduction could become permanent under Senate proposal
Nonprofit
The Senate released its updated version of the budget reconciliation bill June 16 as Congress moves forward with its goal to pass this legislation by July 4.
Read ArticleIRS publishes three new technical guides
Nonprofit
The IRS Exempt Organizations and Government Entities Division has published three new Technical Guides (TGs). These guides are comprehensive, issue-specific documents that update and combine the Audit Technique Guides (ATGs) with other technical content. Once completed, the TGs replace corresponding ATGs.
Read ArticleNonprofit news from around the web: June 16 – 20, 2025
Nonprofit
In case you missed them, here are some recent interesting nonprofit news items from around the web.
Read ArticleStudy: 69% of donors worry info will be hacked
Nonprofit
Most respondents to a new survey (68.8%) are “very concerned” (30.6%) or “somewhat concerned” (38.3%) that their information might be hacked or stolen when giving to a charity to which they had not previously donated. A similar amount (62%) responded that they are either “very concerned” (26.8%) or “somewhat concerned” (35.2%) that the charity might share their information outside the organization.
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