During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. What happens to a perma [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. Are overdue pledges rec [...]

Food and beverage executives are recognizing the significant impact that digital, social and mobile technologies have on business growth. Research shows that the industry’s top-performing companies have an active and integrated social media presence. In addition to traditional media, companies also use social media to build local communities, collect customer feedback [...]

The city of Los Angeles recently announced a tax amnesty program that will apply to various city taxes including: Business Tax Telephone, Electric & Gas Users Tax Commercial Tenant’s Occupancy Tax Transient Occupancy Tax Parking Occupancy Tax For more details about this program, including the tax amnesty period, benefits of partici [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. Is a bequest receivable [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. When is a challenge gra [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. What is the appropriate [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA's recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. Why is distinguishing c [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA's recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. During our firm’s recent n [...]

Is your business or organization making payments/distributions in excess of $1,500 to nonresident independent contractors, shareholders or partners?If yes, then understanding the reporting requirements under California’s nonwage income tax withholding rules should be an important consideration. Entities that have failed to withhold California income taxes are subject [...]