Two previous articles in this series went into detail about how nonprofits can incur taxable income from advertising or sponsorship sales, and how different the taxable impact can be depending on the relationship of certain costs to certain types of income. There is another important consideration of UBTI and advertising: allocable membership receipts.
Regulators share direction on risk management strategies for banks when partnering with third-party organizations.
In our 2023 real estate industry outlook, we explore what's ahead for middle market business leaders.
As our government clients strive to optimize the way they manage finances, compliance with Office of Management and Budget (OMB) requirements is critical. When it comes to the Schedule of Expenditures of Federal Awards (SEFA), it’s important to implement procedures that ensure an accurate and complete SEFA.
If you're a small business owner, you may have come across the term ESG and wondered about its meaning. ESG stands for Environmental, Social, and Corporate Governance, which are important factors that investors use to evaluate companies of all scales.
The GASB has issued guidance on the development of note disclosures as part of its framework for establishing consistent accounting and financial report standards.
Decarbonizing commercial real estate is becoming an industry-wide imperative. Tax incentives in the Inflation Reduction Act give taxpayers several options to offset the cost of energy-efficient upgrades.
In our 2023 health care industry outlook, we explore what's ahead for middle market business leaders.
The US has issued an executive order banning all federal contractors and employees from downloading or using TikTok on any device that is owned by the government, citing security concerns. This ban has sparked much debate about the future of the platform and what this means for users.
Nonprofits can generate revenue from their periodicals through advertising; while this type of revenue is considered to be an unrelated trade or business activity, it might not always be taxable. The key is to understand the relationship between certain costs and types of income.
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