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Articles From Lumsden McCormick

BDO Nonprofit Standard Newsletter | Summer 2023

The Summer 2023 edition of the Nonprofit Standard newsletter, published through Lumsden McCormick’s membership in the BDO Alliance USA includes the following:

  • IRS Drastically Expands Electronic Filing Requirements for 2023 Tax and Information Returns
  • Data Quality for Nonprofits
  • Implementation of GASB Statement No. 96, Subscription-Based Information Technology Arrangements
  • Managing Pay for Disqualified Individuals
  • Global ERP Considerations for International Organizations
  • Demystifying Nonprofit Cost Allocations
  • Best Practices in Subrecipient Risk Assessments and Monitoring for Federal Grant Recipients

 
Download the Summer 2023 Nonprofit Standard Newsletter.

See more about the services Lumsden McCormick provides to Exempt entities including Nonprofit Organizations.

This content is available through Lumsden McCormick’s affiliation with the BDO Alliance USA.  The BDO Alliance USA is a subsidiary of BDO USA, P.A., a Delaware professional service corporation.

BDO Nonprofit Standard Newsletter | Summer 2023

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Sarah started her career with Lumsden McCormick as a tax intern and now works in the audit and assurance department, where her primary focus is accounting, auditing, and tax matters related to nonprofit organizations and governmental entities. She has significant expertise working with exempt organizations including private and public foundations, primary, secondary, and higher educational institutions, auxiliary organizations, and community colleges in the areas of accounting for and compliance with diversified investment portfolios, tax compliance, and consulting, including unrelated business income and sales tax, information returns, financial reporting, and compliance with Yellow Book and Uniform Guidance.  

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