2023 not-for-profit and higher education accounting and tax update

Thank you for your interest in Baker Tilly’s not-for-profit (NFP) and higher education year-end accounting and tax update. This annual webinar includes an overview of key accounting and tax issues for NFP organizations, colleges and universities.

Watch the on-demand recording for updates on the Inflation Reduction Act (IRA), Employee Retention Credit (ERC) and adoption of the Current Expected Credit Losses (CECL) standard. Our industry specialists also share lessons learned from helping clients implement the lease accounting standard (ASC 842) and discuss various revenue scenarios we are seeing across NFP organizations along with the accounting and tax impacts.

Key takeaways

1. The latest IRS updates on the IRA and ERC and how these programs impact your organization
2. CECL requirements and examples
3. Not-for-profit revenue scenarios that could impact your organization and how to prepare for them
4. The top five tax issues not-for-profit organizations are facing in 2023
5. Key tax and accounting standard developments that are on the horizon in 2024

Presenters and subject matter specialists

• Karen Gries, CPA, Director - Exempt Tax Advisory
• Colette Kamps, CPA, Partner
• Karen Lord, CPA, Senior Manager
• Catherine Petercsak, CPA, Senior Manager
• Allison Webb, CPA, Manager