Governmental & Nonprofit


New Developments in UBIT for Not-for-Profits
 

New Developments in UBIT for Not-for-Profits

Posted: March 22, 2019
Complying with the IRS's unrelated business income tax rules can be a challenge for not-for-profits. In this AICPA podcast, learn more about activities that apply to not-for-profits that might produce unrelated business income.


Cryptocurrency Gift Strategies for Nonprofits
 

Cryptocurrency Gift Strategies for Nonprofits

Posted: February 6, 2019
Not-for-profits should proceed carefully as they consider whether to accept gifts of virtual currency. And here's how they should proceed if they do.

From the NJCPA Focus blog

  • 5 Ways Nonprofits Can Offset Loss of Deductions

    by Judith Tutela, CPA, RMA, principal, Spire Group, PC | Nov 15, 2018
    Because of last year’s Tax Cuts and Jobs Act, fewer taxpayers will use itemized deductions. Although this could mean a reduction in charitable giving, your nonprofit client may have options for mitigating any potential revenue loss.

The comment letters below were prepared by the NJCPA Nonprofit Interest Group.

Interest group members discuss, research and monitor accounting and auditing issues affecting not-for-profit organizations providing interpretations of new standards through education and roundtables and serving as a liaison between the NJCPA and industry, government and other-related organizations.
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