Insights

New guidance provides that CARES Act NOLs can be carried back and deducted against aggregate UBTI in the applicable years mentioned previously.

New final regulations issued on reporting requirements of organizations exempt from tax under section 501(a) that are required to file Form 990 or 990-EZ.

Seven hospitals in Maine are set to merge next year. Learn what this merger means for the state’s healthcare landscape.

EIDL loans for nonprofits are considered federal financial assistance and are subject to the Uniform Guidance single audit requirements.

Guidance on how to calculate unrelated business income tax for nonprofits that have more than one unrelated trade or business.

Key takeaways from the Consolidated Appropriations Act 2020. Learn how these provisions may affect your business or organization.

This Cherry Bekaert webinar highlights provisions in pieces of legislation that affect nonprofits to determine what may be beneficial amid COVID-19.

After almost two years, section 512(a)(7) has been repealed. Read more to learn what this could mean for your organization.

Judge dismisses lawsuit over NYU employee retirement plans. Find out what this ruling means for retirement plan governance.

Join Cherry Bekaert for this webinar where we will discuss fiduciary activities as defined by GASB 84. We will also discuss how financial reporting will change related to fiduciary activities as a result of GASB 84.