Blog Archives

Employers and Coverage Providers have more Time to Furnish Health Coverage Forms to Individuals

The IRS extended the 2018 due date for certain employers and health coverage providers to furnish 2017 health coverage information forms to individuals.   The following organizations now have until March 2, 2018, to provide Forms 1095-B or 1095-C to

Posted in Non Profits, Small Businesses

Are You Ready to Comply with New FASB Guidelines?

WHAT THE NEW FASB NONPROFIT ACCOUNTING GUIDELINES REQUIRE: ON RESTRICTED CONTRIBUTIONS, FUNCTIONAL EXPENSES, AND “EYE-OPENING” DISCLOSURES With the replacement of temporarily and permanently restricted categories for reporting contributions and related net assets, enhanced disclosures require nonprofits to describe more about how restrictions affect the USE OF RESOURCES. In

Posted in Non Profits

IRS Extends Due Date for Employers and Providers to Issue Health Coverage Forms to Individuals in 2018

The IRS announced today that it has extended the 2018 due date for certain entities to provide 2017 health coverage information forms to individuals.   Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2,

Posted in Non Profits

What Nonprofits Can Expect in the GOP Tax Bill

Over the past few months, the Republican Party’s tax overhaul bill has made its way through Congress, moving into a reconciliation process as groups advocating for nonprofit organizations, not to mention economic justice, lobbied to ensure legislators understood the consequences

Posted in Non Profits

Standard Mileage Rates for 2018 Up from Rates for 2017

The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2018, the standard mileage rates for the

Posted in Individuals, Non Profits, Small Businesses

Archived Articles

error: Content is protected !!