Linda J. Kramer, CPA, MBA Accounting & Auditing Director The Public Support Test is a critical measure used by the IRS to determine whether a nonprofit organization qualifies as a public charity rather than a private foundation. This test ensures that the...
Sean S. McNeil, CPA, MBA Accounting & Auditing Manager Assuming your organization operates on a calendar-year tax basis and filed its Form 990 on time this year, you probably don’t want to think about tax reporting again until next spring. However, it’s important...
Jayme F. Moore, CPA Vice President & Director External audits can help assure your nonprofit’s stakeholders that your financial statements are fairly presented according to U.S. Generally Accepted Accounting Principles. They can also help prevent occupational...
Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services Gov. Maura Healey on July 28 signed the FY2025 state budget, approving several measures that will impact taxpayers in the commonwealth. The budget, which includes sweeping policy changes,...
Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services As business owners who have filed their 2023 tax returns this spring are aware, the temporary rules governing deductions for business-related meals and entertainment (M/E) during the Covid-19...