The information on our News and Announcements page highlights news about our firm, upcoming events and news from the various industries we serve. Be sure to check out our industry alert and newsletter subscription options, follow us on LinkedIn and follow us on Twitter.
June 17, 2020
Alison Albrecht Appointed to Nonprofit Village Board of Directors
GRF CPAs & Advisors (GRF) Audit Supervisor Alison Albrecht, CPA has been appointed to the Board of Directors for Nonprofit Village. Ms. Albrecht joined GRF in 2013 and works with US-based and international clients performing field audits in Africa and Europe. Her expertise includes audits that comply with the requirements of Title 2 U.S. Code…
April 20, 2020
GRF’s Richard Locastro Quoted in Tax Notes regarding OMB’s Second Review of UBTI Guidance
On April 16, GRF’s Director of Nonprofit Tax, Richard J. Locastro, CPA, JD was quoted in Tax Notes about Office of Management and Budget’s (OMB) second review of proposed guidance from IRS and the Treasury Department on calculating the unrelated business taxable income (UBTI) of tax-exempt organizations. He cited the interaction of the Coronavirus Aid,…
April 2, 2020
GRF Partner Elinor Litwack, CPA Quoted in Accounting Today
Partner Elinor Litwack offered advice on limiting distractions while working from home during the COVID-19 crisis in the Accounting Today article, Generational Viewpoints: Top tips for working from home. “Don’t sweat the background noise — we are all humans. If you are in a meeting and the phone rings, dog barks, or toddler yelps out,…
March 18, 2020
Treasury Delays April 15 Payment Deadline and Allows Deferral of Some Tax Liability
Our offices are currently closed to protect the health and wellbeing of GRF’s employees, clients and other visitors. Employees will be working remotely during the public health emergency and are available to help clients during this difficult time. Please call 301-951-9090 or email questions@grfcpa.com for questions and assistance. In an effort to provide relief…
March 12, 2020
GRF CPAs & Advisors Named Top Regional Leader and Firm to Watch by Accounting Today
Accounting Today released its annual ranking of leading national and local accounting firms this week. GRF CPAs & Advisors (GRF) reported a strong 2019, earning the firm recognition as one of the Top Firms in the Capital Region for 2020 and a 2020 Firm to Watch. The report includes industry data and analysis as well…
March 12, 2020
GRF to Continue Business Operations Amid COVID-19 Pandemic
With the continued spread of novel coronavirus (COVID-19), GRF CPAs & Advisors (GRF) is prepared with contingency plans that put the health and well-being of our employees, clients, colleagues and vendors first. GRF has invested in the latest technology and implemented policies and procedures for remote work that will allow the firm to provide excellent…
February 10, 2020
GRF celebrates strategic partnership with the NC State ERM Initiative
The collaboration will host Enterprise Risk Management (ERM) for Nonprofits Workshops in 2020
February 6, 2020
GRF Named a 2019 All Star Specialized Niche Firm By INSIDE Public Accounting
GRF was named to INSIDE Public Accounting’s (IPA) 2019 All Stars Specialized Niche Firms in recognition of the firm’s robust nonprofit practice that includes accounting, assurance, tax and advisory services. In its January 2020 IPA newsletter, IPA recognized firms that derive a higher percentage of their revenue from specialty practices than all other participating firms….
January 7, 2020
GRF’s Mac Lillard Earns Certified in Risk and Information Systems Control (CRISC) Designation
GRF Risk & Advisory Services Supervisor, Mackenzie (Mac) Lillard has earned the Certified in Risk and Information Systems Control (CRISC) designation. This qualification is awarded by ISACA® to IT professionals who identify and manage risks through the development, implementation and maintenance of information systems (IS) controls. Candidates must have at least three years of relevant…
January 6, 2020
GRF CPAs & Advisors Promotes Elinor Litwack to Partner
Elinor Litwack, CPA joins a growing list of women partners and principals at GRF Bethesda, MD, January 6, 2020 – GRF CPAs & Advisors (GRF), a full-service professional services firm providing clients with audit, tax, outsourced accounting and advisory solutions, announced today the firm has promoted Senior Manager Elinor Litwack, CPA to Partner. Ms. Litwack…