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Key Takeaways from the 2016 AICPA Not-For-Profit Industry Conference: A Practice Leader’s Perspective
Posted by Mike Burns on Wed, Jul 27, 2016 @ 09:21 AM

The American Institute of Certified Public Accountants (AICPA) held its annual Not-For-Profit Industry Conference on June 17-29, 2016. With more than 2,000 participants from around the country, this conference is widely viewed as the most important educational conference of the year for professionals who help address the accounting, audit, tax and operational issues facing not-for-profit organizations.

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Topics: accounting, Non-profits, NFP, Mike Burns, AICPA, NFP Conference

Advisory Group Makes Recommendations to the IRS on Tax-Exempt Requirements
Posted by Lisa Burke on Wed, Jul 27, 2016 @ 09:02 AM

The Advisory Committee on Tax-Exempt and Government Entities (ACT) recently held its 15th annual public meeting with the Commissioner and other top IRS officials. The ACT comprises national experts representing each of the five major jurisdictions of the TE/GE division: employee plans, exempt organizations, federal, state and local governments, Indian tribal governments and tax-exempt bonds.

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Topics: non-for-profit, Non-profits, nonprofit, ACT, TE/GE division, IRS

5 Risks Not-For-Profits Face with Construction Projects
Posted by Mark McCarthy on Tue, Jul 26, 2016 @ 03:06 PM

Growing programs, expanding service offerings or making substantial repairs to existing facilities make construction projects an inevitable part of the not-for-profit operating environment. Although a necessary part of operating, not-for-profits should approach each construction arrangement cautiously. Undertaking large projects comes with a fair amount of risk. Failing to adequately understand where your organization may be at risk can lead to overspending and, in certain cases, legal disputes. For not-for-profit organizations, maintaining project costs is essential. Knowing the five major risk areas in construction contracts can help you manage your ongoing or upcoming projects to ensure you are not overpaying.

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Topics: non-for-profit, Non-profits, nonprofit, Mark McCarthy, Construction Cost Review, CCR, Construction

5 Skills Every Not-For-Profit CEO Should Have
Posted by Daniel Cummings on Fri, Jul 15, 2016 @ 11:13 AM

Boards of directors, revenue generation, and community interfacing make not-for-profit management unique. Not-for-profit Chief Executive Officers (CEOs) and Executive Directors must balance mission objectives with an ever-more challenging economic reality while serving as the face of the organization to potential donors and the population the organization serves.

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Topics: non-for-profit, Non-profits, Daniel Cummings, CEO, nonprofit

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