this document contains a summary of the new rules for documenting payroll allocation by nonprofits that receive federal awards
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Download the complete newsletter HERE INSIDE THIS ISSUE: • New IRS Search Engine for Eligible Charities • Affordable Housing Is Impacted by Recent Federal and State Legislation • The Charities Bureau Moved! • Charter School Audit: What to Expect From a New York State Comptroller Audit • IRS Review of Your Website and Social Media […]
if you receive federal awards and pass them through to other organizations, you need to determine whether those organizations are sub- recipients. If they are, Uniform Guidance requires you to monitor the use of those pass through funds.
this document contains information about resources for reducing fraud in nonprofits
If you aren’t required to have a federally compliant purchasing policy, you might benefit from some of the wisdom and best practices required for these policies.
this document contains information about procedures US charities should follow when they provide grants to overseas charities or carry-on programs outside the US
this document contains information about registration requirements for nonprofits in states where they solicit contributions
Download the complete newsletter HERE INSIDE THIS ISSUE: • How the New Tax Laws Affect Nonprofits • Stephanie Annunziata, CPA, presents a nonprofit update to the Monroe County Bar Association • Leading with Intent: a BoardSource Report • Volunteering Out of Unrelated Business Income Taxation • How the New Federal Tax Law Affects Affordable Housing […]
The recently enacted tax law has both direct and indirect effect on nonprofits. The indirect effect is the decreased tax incentive for charitable contributions that results from doubling the standard deduction, decreasing individual and corporate tax rates, and increasing the estate tax exemption. It is difficult to know how these will affect charitable giving, but […]
The new tax law was not a direct hit on affordable housing, affordable housing tax credits remain intact, and interest on affordable housing private activity bonds continue to be nontaxable, but some say that it will have a significant indirect adverse affect, because reduced corporate tax rates decrease incentive to purchase affordable housing tax credits. […]
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