Not-for-Profit Section

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. 

Latest News:

  • Jul 16, 2018

    Ohio employers will share $2.9 million in BWC safety grants

    More than $2.9 million in grants from the Ohio Bureau of Workers’ Compensation will be shared by 110 employers that will enable them to purchase equipment designed to substantially reduce or eliminate workplace injuries and illnesses.
  • Jul 16, 2018

    New tax hits churches

    A new tax on churches, synagogues and other nonprofits could cost some groups tens of thousands of dollars.
  • Jul 16, 2018

    Nonprofit news from around the web: July 16 - 20, 2018

    In case you missed them, here are some recent interesting nonprofit news items from around the web, including endowments not meeting needed returns and five ways your nonprofit can adapt to new technology.
  • Jul 06, 2018

    FASB clarifies and improves guidance for not-for-profit grant and contribution accounting

    FASB has issued an Accounting Standards Update that clarifies and improves the scope and accounting guidance around contributions of cash and other assets received and made by not-for-profit organizations and business enterprises.
  • Jul 06, 2018

    New study predicts 4% drop in giving ahead

    Household charitable giving could drop 4% this year as a result of the Tax Cuts and Jobs Act (TCJA), primarily because of more high-income taxpayers claiming the standard deduction, according to the latest projections.

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