Month: February 2021

construction industry

As the economy moves into an uncertain year, the construction industry faces a number of challenges. But, amid the uncertainty, there’s opportunity. In this article, we break down the good, the bad and the uncertainty of 2021.

single audit

In December 2020, the Office of Management and Budget (OMB) issued new guidance on single audits in the form of an addendum to the 2020 OMB Compliance Supplement.

  • Posted in Non-Profit
  • Comments Off on OMB Extends Single-Audit Deadlines for Recipients of COVID-19 Funding
identity theft

Due to several common factors—including a lack of internal controls, as well as less resources available for prevention and recovery—many nonprofit organizations are particularly vulnerable to fraud and identity theft.

  • Posted in Non-Profit
  • Comments Off on Nonprofits: Here’s What You Should Know about ID Theft

Recently, the IRS issued the 2021 annual inflation adjustments for many tax provisions, including several that pertain to nonprofit organizations. Let’s take a look at the adjustments that matter to you:

  • Posted in Non-Profit
  • Comments Off on Tax Provisions: Inflation-Adjusted Amounts for 2021