2019 Accounting Today’s Best Accounting Firms to Work for
Gelman, Rosenberg & Freedman was recently named as one of the 2019 Accounting Today’s Best Accounting Firms to Work for. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. This survey and awards program is designed to identify, recognize and honor the best employers…
Using Form 990 to Tell Your Story
Many nonprofit organizations overlook or under-estimate the impact of their Form 990 – it’s not just a tax return. When approached thoughtfully, it can become a valuable tool for telling your story and give your organization a powerful advantage with donors and other funders. See our recent blog post, Your Secret Nonprofit Fundraising Weapon: IRS…
FASB Votes to Delay Effective Dates for Major Accounting Standards
The Financial Accounting Standards Board (FASB) voted last week to propose a delay of the effective dates for three major accounting standards for private companies, nonprofits and small reporting companies. One of these proposed changes would provide more time for nonprofit organizations to implement the lease accounting standard, now proposed to take effect in January…
District of Columbia Unclaimed Property Self-Audits by Nonprofit Organizations
Earlier this year, GRF published a blog post on state unclaimed property laws that noted the state initiatives for self-audits by taxpayers, including nonprofit organizations. Members of GRF’s Nonprofit Tax Team have been contacted recently by a number of Washington, DC-based nonprofits regarding a DC Self-Audit Notice. It is our understanding that many states, including…