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Forging New Paths
The RSM nonprofit practice consists of professionals who meet the assurance, tax and consulting service needs of organizations in areas such as: federal award compliance, international, technology and more. Our objective is to maintain the most current information available related to developments for nonprofit organizations so you can focus on success and not regulations.
Nonprofit board governance requires a clear understanding of the difference between board members and organization management.
Audit committee roles and responsibilities are under increased scrutiny following financial compliance reporting incidents in recent years.
RSM helped US Veterans Initiative transition to the cloud and stabilize their IT infrastructure. Watch the video to learn more.
By leveraging RSM, NSPE’s COO has tapped into a resource that enables him to build capacity for himself and his finance department.
New regulations under section 4968 provide favorable guidance to private colleges and universities subject to the excise tax.
FINANCIAL REPORTING INSIGHTS
The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.
Following the President’s memo on August 8, Treasury releases very short Notice 2020-65 delaying the deadline for employee FICA tax.
Amendments to section 162, 164, and 170 regs. formalize safe harbors for payments to charitable organizations in exchange for SALT credits.
New legislation allows nonprofit employers to pay 50% of their unemployment reimbursing payment obligations to states.