News & Resources

Today, Principal Bob Babine was published in Craft Brewing Business with his article Sending your craft beer abroad? Here is a tax benefit Uncle Sam wants you to use.  He discusses a tax exempt entity known

Partner Tim O’Connor was published in the May 2016 edition of Restaurant Startup & Growth with his article Coming to Terms: Understanding the Concepts, Provisions and Terms of Your Lease Is a Key to Restaurant

Partner Denis Higgins was quoted in The Wall Street Journal article, “Professionals Who Can Help With an Aging Parent’s Finances.” It outlines three professional groups (financial, legal, and medical) and how they can help manage

Partner Scott Kaplowitch was quoted in The Wall Street Journal article, “The Other March Madness: What the IRS Thinks of Your Bracket,” which outlines what you need to know about gambling income and deductions. “The

Part 4: Planning Ahead for Nonprofits with Special Events Nonprofits that hold annual special events should be thinking ahead to ensure they maintain adequate records for their annual financial statement filing and Form 990 information

Part 3: Common Pitfalls in Tax Return Reporting Excluding Non-cash contributions One common omission from Form 990 is non-cash contributions, particularly donated auction items.   Since items donated to be auctioned off at special events typically

Part 2: Common Pitfalls in Financial Statement Reporting Direct Donor Benefits Reporting A common misconception that exists is that direct donor benefits, even when material, do not need to be segregated from fundraising expenses.   AICPA

Principal Kate Rooney was quoted in Nightly Business Report’s article, “Should you claim Social Security early?” which discusses the new Social Security rules and the impact on your claiming strategy.  Nightly Business Report is produced by CNBC.

Part 1: Key Issues Public charities holding special events are entrusted by donors and the general public to report the financial results of their fundraisers both accurately and transparently.  To do that, charities must understand

On Thursday, January 21st, we’ll begin a weekly 4 part series written by principal Greg Rogers regarding the best practices for nonprofit special events reporting.  Please see the introduction to the series below and stay