The tax environment can change year to year or even month to month. New risks emerge as others become less of a threat to your not-for-profit organization. To stay in compliance with reporting requirements and reduce the potential for tax liabilities, your organization needs to keep a pulse on the new developments. Over the past nine months, regulatory changes, court cases and fraudulent activity emerged that may have an immediate effect on your organization. As a result, your organization should review these items carefully to determine if changes need to be made to your operations.