Hawkins Ash Nonprofit Articles
New Reporting Requirements for Restricted Cash
In November 2016, the Financial Accounting Standards Board (FASB) issued Statement of Cash Flows – Restricted Cash (ASU 2016-18), to
Nonprofit Tax Tidbits: Form 990 Schedule M
In continuing with our series on the schedules of the IRS Form 990, this quarter we will focus on Schedule
Client Feature and Executive Director Q&A: Howe Community Resource Center
Nearly 90 percent of children who attend Howe Community School in Green Bay, WI, come from economically disadvantaged households. With
New W-4 for Use in 2020
The IRS has released a revised Form W-4 Employee’s Withholding Certificate to be used beginning in calendar year 2020. Form
Beneficial Interest in a Community Foundation: How Do I Record This?
A community foundation (“Foundation”) is a tax-exempt charitable organization that focuses primarily on addressing community needs and supporting local non-profit
Net Operating Losses and Unrelated Business Taxable Income
The Tax Cuts and Jobs Act of 2017 (TCJA) that was signed into law on December 22, 2017, has some
Watch Out for Additional Disclosures with Underwater Endowments
If your organization has an endowment, you may want to pay close attention to the market activity near the end
New Lease Standard (ASU 2016-02)
February 2020 Update: Lease Standard: Topic 842 Delayed On Nov. 15, 2019, the U.S. Financial Accounting Standards Board (FASB) voted
