Watch an in-depth overview of the newest tax and accounting updates impacting the nonprofit sector
On August 9, 2023, BPM hosted what has traditionally been the preferred installment of its Nonprofit Training Collection: Accounting and Tax Replace. The webinar was hosted and moderated by Daniel Figueredo, BPM’s Nonprofit Co-Chief, and featured detailed remarks from:
- Shannon Winter, Accomplice, BPM’s Nonprofit Co-Chief
- Jeff Carrick, Accomplice, Assurance
- Elena Serebriakova, Managing Director, Tax
- Darlene Flores, Supervisor, Tax
- Logan Weaver, Affiliate II, Tax
This interactive session centered on numerous top-of-mind subjects, together with:
- A recap of latest accounting requirements (together with lease requirements, contributed nonfinancial property, credit score losses and extra), in addition to a refresh on efficient requirements.
- An replace on present tasks on the horizon, with a concentrate on accounting for the disclosure of crypto property and the disclosure of software program prices.
- Single Audit and Uniform Steering updates.
- Varied tax updates, together with a abstract of recent steerage relating to the Inflation Discount Act, an outline of transferable tax credit and way more.
- A abstract of upcoming priorities for the IRS Tax Exempt and Authorities Entities providers.
- Varied e-filing and state tax updates.
Watch a replay of the session right here
First launched in 2007, the Nonprofit Training Collection is an in depth webinar program that discusses present and rising subjects impacting nonprofit organizations. You’ll want to register for our subsequent session on September 14, 2023, titled, “Gasoline the Hearth: Methods for Boosting Worker Expertise and Retention.”
