The Internal Revenue Services (IRS) has provided guidance and examples for calculating the nondeductible portion of parking expenses. In addition, they have provided guidance to tax-exempt organizations to help such organizations determine how unrela...

The passing of the Tax Cuts and Jobs Act has incited changes to Form-990T to address how unrelated business taxable income (UBTI) will be reported going forward. Recently, the Internal Revenue Service released a draft of the 2018 form. Here are some ...

Most tax reform headlines have been focused on how it impacts individuals and for-profit businesses, but lost in the shuffle were provisions passed that non-profit leaders should take note of. Doeren Mayhew’s non-profit CPAs have highlighted three ...

Tax-exempt organizations are not immune to the tax law overhaul known as the Tax Cuts and Jobs Act of 2017. The provisions of the Act change the way certain tax-exempt organizations, including state-charted credit unions, will report and incur tax on...

Some supporters give your non-profit money, others give goods or intangibles, such as the use of a facility for a fundraiser. A donation is a donation, right? Not quite. Under certain circumstances, in-kind gifts and donations of services must be re...

No matter what your mission, your non-profit must protect financial and physical assets, human resources and relationships, and all the intangibles that keep your organization going, such as community goodwill and your reputation. In today’s enviro...

More and more non-profits are turning to events as a major source for generating funds. As if event planning isn’t complicated enough, organizations also must properly present the associated revenues and costs in their financial reporting. To help,...

If you don’t meet IRS substantiation requirements, your charitable deductions could be denied. To comply, generally you must obtain a contemporaneous written acknowledgment from the charity stating the amount of the donation, whether you received a...