Nonprofit Organizations

WHITE PAPER

Nonprofit board governance: Building blocks

Nonprofit board governance requires a clear understanding of the difference between board members and organization management.

INSIGHT ARTICLE

Audit committee guide for nonprofit organizations

Audit committee roles and responsibilities are under increased scrutiny following financial compliance reporting incidents in recent years.

RSM SERVICES

US Veterans Initiative

RSM helped US Veterans Initiative transition to the cloud and stabilize their IT infrastructure. Watch the video to learn more.

TAX ALERT

Parking tax repeal and private foundation excise tax simplification

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

TAX ALERT

Changes to e-filing requirements for tax-exempt organizations

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

TAX ALERT

IRS issues guidance on tax-exempt entities funding employee benefits

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

FINANCIAL REPORTING INSIGHTS

ASUs defer various effective dates (including CECL & leases)

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

INSIGHT ARTICLE

IRS TE/GE 2020 Program Letter released

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