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Identify compliance requirements: The SECURE 2.0 Act
The SECURE 2.0 Act delivered changes for both employer-sponsored retirement plans and individual retirement accounts, including new catch-up contribution provisions. Discover what your team needs to do to maintain compliance with SECURE 2.0, recommendations for a successful transition, and other changes effective in 2024.
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Find the right fit: Outsourcing recruiting needs
Hiring C-suite executives and other management positions is challenging on a number of levels, particularly due to the pay differences among nonprofit and for-profit organizations. Now may be time to consider an outside recruiting firm. Explore the best approaches to finding the right recruiter to help you meet your hiring needs.
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Understand your eligibility: Claiming IRA energy tax credits
Many tax credits have been difficult for nonprofits to utilize given their lack of taxable income. The Inflation Reduction Act (IRA) of 2022 made several clean energy tax credits available to tax-exempt organizations under an elective pay option. Understand who is eligible for the option, what kind of credits are available, and how to claim the credits.
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Prepare for requirements: Impacts of GASB exposure draft
This recently issued exposure draft would set requirements for certain types of capital assets to be identified separately in the capital asset note disclosures. Find out what your entity will need to do in order to successfully implement this future statement.
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Get the latest: Considering extraordinary collections
Hospitals are starting to offer credit cards and other financial products to help patients pay for their care. The US Treasury and other agencies have sought comment on this development. Keep up to date on this emerging situation.
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Exclusive: Guiding independent schools
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Prioritize internal controls during transitions
Many schools tend to operate with small business office teams and when turnover occurs, financial risks quickly follow. Here are some strategies to maintain recordkeeping accuracy, improve your internal control structure, and mitigate potential risks.
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Expand internationally with confidence
From recruiting foreign students to study abroad programs, independent schools that work internationally have complex tax issues. Review tax considerations, pitfalls, and best practices if your school is looking to expand its programming internationally.
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