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With the unusual prospect of a government shutdown growing increasingly likely, we wish to remind you that the April 18 tax filing deadline will remain in place. Speaking recently at the National Press Club, IRS Commissioner Doug Shulman explained that those who file their taxes electronically should experience no delays in receiving refunds. Those who…
A Nonprofit Finance Fund survey found that most non profits expect 2011 to be another challenging year for their operations, services and the people they serve. 85% of non profits expect to see an increasing demand for their services, while only 46% expect to have the resources to meet that demand. To see a broad…
Audit Partner Amy Boland, Client Services Director Ian Shuman and Senior Audit Manager Trevor Williams will share financial management best practices with a group of association executives from Africa at the American Society of Association Executives’ African Association Management Study Mission. The summit event will take place the week of April 25, 2011, in Washington,…
On Thursday, March 3, the House of Representatives voted to repeal expanded reporting requirements for Form 1099 enacted by legislation last year. The Small Business Paperwork Mandate Elimination Act of 2011 will now be considered by the Senate. For more information, visit this article from the Journal of Accountancy.
Senior Audit Manager Trevor Williams has joined the Board of Directors of the Maryland-District of Columbia-Virginia Chapter of the Lupus Foundation of America. The Lupus Foundation is, according to the nonprofit’s website, the nation’s foremost health organization dedicated to finding the causes of and the cure for lupus and providing support, services and hope to…
Terri McKnight, CPA, director of the audit department at Gelman, Rosenberg & Freedman, CPAs, has published a short essay about how nonprofit associations can avoid fraud by implementing effective policies and controls. Other nonprofits can benefit by taking similar steps. Ms. McKnight’s essay will appear in a booklet of insights and advice for association leaders…
Gelman, Rosenberg & Freedman celebrates 30 years as a financial, tax and consulting services provider in 2011. To honor the occasion, the firm has launched an awareness-building campaign accompanied by the slogan: Peak performance requires exceptional client service. “Exceptional client service is fundamental to our mission statement,” said David Graling, managing partner of the firm….
The Washington Business Journal has released its annual Book of Lists, which publishes details about prominent companies and individuals in industries across the Washington metropolitan region. Gelman, Rosenberg & Freedman ranked #24 in the list of Top Accounting Firms. “As we prepare to celebrate our 30th anniversary in 2011, it’s good to know we continue…
Lisa M. Stewart, Director of Finance and Administration for the Institute for Higher Education Policy received the CFO Rising Star award during the 2010 Nonprofit CFO of the Year Awards Luncheon held at the Mayflower Hotel in Washington, D.C. This award recognizes recognizes nonprofit financial executives in the Washington metropolitan region who “demonstrate operational excellence, outstanding…