Six Ways Nonprofit Retirement Plans Are Changing

Six Ways Nonprofit Retirement Plans Are Changing

Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several that affect 403(b) retirement plans. If your nonprofit offers staffers a 403(b) plan, you likely made some minor changes in 2023 and...
Auditing Revenue Recognition

Auditing Revenue Recognition

The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly is critical to producing accurate financial statements. Under U.S. Generally Accepted Accounting Principles (GAAP), revenue is recognized when it’s...

Important QuickBooks Desktop Information

  Intuit announced that after July 31, 2024, they will no longer sell the following products to new subscribers: QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll QuickBooks Desktop...