Month: August 2025

New Audit Report

The Illinois Attorney General has rolled out an online filing system. Charitable organizations will be required to use this system for all their filings. 

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OBBB nonprofits

Recent updates brought by the One Big Beautiful Bill (OBBB) may not change nonprofit tax rules directly, but they could influence donor giving patterns.

  • Posted in Nonprofit
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Uniform guidance for single audits

The updated Uniform Guidance raises the federal spending threshold for when a Single Audit is required, easing compliance burdens for smaller organizations while keeping strong accountability in place for larger ones.

  • Posted in Nonprofit
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One Big Beautiful Bill

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