If IRS is performing or contemplating an audit of a nonprofit, they generally look at the nonprofits website for indicators of unrelated business or improper activities. Learn more.
This author has yet to write their bio.Meanwhile lets just say that we are proud jheveron contributed a whooping 94 entries.
Entries by jheveron
If you fail the traditional public support test you can still qualify as a publicly supported
charity if you qualify under the 10% Facts and Circumstances Test. Learn more here.
Download the complete newsletter HERE INSIDE THIS ISSUE: Changes in Your Legal Form New Financial Reporting Implementation Guide (view checklist) The Charities Bureau Moved! New Publications and Updates from IRS The De Minimis Indirect Cost Rate: Not All It’s Cracked Up to Be Affordable Housing: Paying or Your Section 168(h) Election The Other Public Support […]
Learn more about the 20% de minimus indirect cost rate, how it applies and what reimbursement you’re entitled to.
the document contains information about New York State workers compensation and unemployment for charities
This document contains rules and exceptions for when nonprofit rental income is subject to unrelated business income tax
this document contains a summary of the new rules for documenting payroll allocation by nonprofits that receive federal awards
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
Heveron & Company CPAs, PLLC
260 Plymouth Avenue South
Rochester, NY 14608
Telephone: (585) 232-2956
Fax: (585) 423-0599