Nonprofit Organizations Articles
How Nonprofits Can Avoid Becoming Fraud Victims
Posted by Peter DeSabio on January 17, 2020
Fraud can occur almost anywhere people and money interact. Although the for-profit business world bears the brunt of fraud losses, occupational theft can rob not-for-profit organizations, too.
Engaging Leased Employees - What are the Concerns?
Posted by Kristin Re’ on January 17, 2020
The “gig economy” has opened plenty of new opportunities for employers and workers. However, leasing employees isn't completely worry-free. Depending on how you manage worker leasing relationships, you may still have certain responsibilities.
Immediate Actions Needed by Retirement Plans to Comply with the SECURE Act of 2019
Posted by Bryan Staniszewski on January 17, 2020
The SECURE Act is landmark legislation that affects the rules for creating and maintaining workplace retirement plans for all employers (including for-profit and tax-exempt employers of all sizes). Whether you currently offer your employees a retirement plan (or are planning to do so), you should consider how these new rules may affect your current retirement plan (or your decision to create a new one).
New E-Filing Requirements for Tax-Exempt Organizations
Posted by Cathleen Karpik on January 16, 2020
Under a little-noticed provision buried deep in the Taxpayer First Act, tax-exempt organizations will be required to file certain information returns and related forms electronically. Your not-for-profit organization should be prepared for this change that goes into effect for tax years beginning after July 1, 2019.
New DOL ‘Rate of Pay’ Regs Update Overtime Pay Rules
Posted by Stephanie Wilkinson on January 16, 2020
What is the “regular rate of pay” for a nonexempt employee? The answer is needed when calculating hourly overtime wages, which must exceed base wages by 50%. New regulations from the U.S. Department of Labor (DOL) that take effect January 15 update the definition of “regular rate of pay” to guide your overtime pay calculations.
Running Your Nonprofit Like a Business
Posted by Robert Torella on January 15, 2020
Not-for-profit organizations are fundamentally different from for-profit businesses. That said, most nonprofits can learn something from the business world.
What Employers Should Know About the SECURE Act
Posted by Bryan Staniszewski on January 13, 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was mainly intended to help individuals save more for retirement. But the new law also contains provisions that help simplify the administration of retirement plans for employers and allow more employees to participate in 401(k) plans.
December 2019 Market and Economy Update
Posted by David Schlein on December 23, 2019
The December market and economy update discusses the economic expansion and the strong jobs report.
BDO Nonprofit Standard | Winter 2019
Posted by Donna Gonser on December 16, 2019
Available through our affiliation with the BDO Alliance, download the winter edition of the Nonprofit Standard.
How Nonprofit Founders and Successors Can Enable a Smooth Transition
Posted by Sarah Hopkins on December 05, 2019
Sooner or later, it happens at virtually every not-for-profit organization: The founder or other driving force decides to move on or reduce his or her role. When founders and successors work together, nonprofits can weather leadership transitions and emerge stronger.