Ideas & Insights

Join RSM for a four-part webcast series focused on iMis. The first event will be Cloud strategy for the whole association on March 25, 2020.

Because of COVID-19 concerns, the IRS is extending pending deadlines for employers to adopt updated 403(b) retirement plan documents.

The CARES Act provides broad support and relief for tax-exempt organizations affected by the coronavirus pandemic.

Extensions for tax returns and payments due to the Coronavirus pandemic are largely inapplicable for most exempt organizations.

Discussion of how tax-exempt organizations can provide assistance to those impacted by the coronavirus pandemic.

Our comparisons provide an overview of the significant differences between U.S. GAAP and IFRS on a variety of topics.

The FASB has issued a proposed ASU regarding the accounting by not-for-profit entities for contributed nonfinancial assets.

The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020

GASB 87 is effective for reporting periods beginning after Dec. 15, 2019. Learn how your organization can implement this standard.

Instructions for claiming a refund or credit, or adjust Form 990-T for qualified transportation fringe of unrelated business income tax.

New legislation includes repeal of the parking tax on exempt organizations and streamlines the excise tax rate on net investment income.

The Internal Revenue Service recently announced planned implementation dates for mandatory e-filing by tax-exempt organizations.

IRS issues guidance on voluntary employees’ beneficiary associations (VEBAs) and supplemental unemployment benefit trusts (SUBs).

Join RSM for our annual tax update webcast as we review the current tax landscape for exempt organizations as well as look ahead to 2020.

FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.

The IRS Tax Exempt and Government Entities division released the Fiscal Year 2020 Program Letter on Oct. 17, 2019.

The U.S. Treasury Dept. and the IRS released the 2019-2020 priority guidance plan, including items related to exempt organizations.

Minnesota tax-exempt organizations may find some relief knowing that the state does not conform with two major federal changes.

Proposed regulations reflect updated donor and other information reporting requirements; related penalty relief provided.

The world of federal grants management is always changing. Read RSM’s update to understand how changes may affect your organization.