What Not-for-Profit Organizations Need to Know about Financial Reviews
Understand the nuances of financial reviews It’s common knowledge in the not-for-profit (NFP) world that Section 501(c)(3) of the Internal Revenue...
Nonprofit Budgeting Best Practices: Planning For Your Organization’s Financial Health
Tips for a not-for-profit's current and future budgeting A well-planned nonprofit budget gives an organization’s leadership more control, increased...
Employee Benefit Plan Regulations in 2024: What Fiduciaries Need to Know
Fiduciaries for employee benefit plans (EBPs) have a challenging job. Staying on top of regulatory changes is a critically important part of that...
Not-For-Profit Cost Allocations Best Practices and Tips
Effective methods to allocate costs for informed decision-making A significant challenge facing many not-for-profit (NFP) organizations involves...
Harnessing Technology's Potential in Not-For-Profit Operations
Not-for-profits can, and must, keep up with advancing technology When thinking of technological innovation, the not-for-profit sector is not likely...
Protecting your Financial Health: Considerations for Insurance Claims and Litigation Related to the Change Healthcare Cyber-Attack
The cyber-attack on Change Healthcare has severely impacted healthcare providers' financial operations, disrupting claims processing, billing, and...
IRS Audit Risk Alert: The IRS is Aggressively Pursuing Employee Retention Credit Claims in a New Way to Determine Validity: Understanding Your Letter 6612
New Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that...
3/11/24 Update: Change Healthcare Cyber Attack and Preparing for Its Effects
Update (3/11/24): Insurance Claims and Litigation Considerations for organizations impacted by the Change Healthcare cyber-attack