A Baker Tilly blog providing timely, actionable guidance on key topics to not-for-profit (NFP) leaders and board members.
Welcome to the NFP Online Journal. Our dedicated advisors are tuned into the industry and understand your priorities. Through this blog, we will keep you up-to-date on emerging issues and trending topics, and share reliable solutions and resources so that you can focus on what matters most – your mission. We have only one agenda: Yours.
Not-for-profits often receive noncash donations or gifts-in-kind, which are harder to value than cash. Here are some thoughts and considerations on how to value these donations.
Not-for-profit organizations should be aware of similarities between cybersecurity and data privacy and take proactive steps to address potential risks.
Innovation occurs when an organization does something new or different that creates value. Creating a culture of innovation is essential for organizations.
Not-for-profits need to consider key accounting, tax and philanthropy issues to create a strong gift acceptance policy in order to avoid costly consequences.
This article reviews tax legislative changes resulting from COVID-19 impacting not-for-profits, and answers four questions surrounding the filing of alternative investments.
When accepting gifts of cryptoassets, not-for-profits need to consider a gift acceptance policy, how to process the cryptoassets, and financial and tax reporting requirements.
In this NFP Online Journal blog post, we break down some key considerations around the Paycheck Protection Program (PPP) and double dipping related to federal, state, local and private funding.
Not-for-profits should consider and prioritize investment in technologies such as a cloud financial management solution in order to gain efficiencies and achieve more in support of their missions.
Employers must understand how to address payroll reporting and state compliance for employees who are now working in different states as a result of COVID-19.