Posts Tagged ‘nonprofit’
UBIT NOL Carrybacks Under the CARES Act
By: Daniel Eissmann, CPA, Staff Accountant Several changes have taken place in the past few years in regards to Unrelated Business Income (UBI) Net Operating Loss (NOL) Carrybacks. In addition,…
Read MoreNonprofit Efficiency Measures
By: Pete Kennedy, CPA, Director For as long as I’ve been involved with nonprofit organizations, expense-based financial ratios (Program / G&A /Fundraising as a percentage of total expenditures) have been…
Read MoreSupporting Organizations Under 509(a)(3) – Pay Attention!
Do you remember what you were doing in 2006? We have staff accountants here who were just starting high school, few people had heard of Bernie Madoff and there were…
Read MoreHobby or Business? Why It Matters
Millions of Americans have hobbies such as sewing, woodworking, fishing, gardening, stamp and coin collecting, but when that hobby starts to turn a profit, it might just be considered a…
Read MoreFiscal Cliff Notes
By Pete Kennedy, CPA, CVA GetInvolved Nonprofit Guide Article published in the January 2013 News Journal At Cover & Rossiter, we don’t care how much Jessica Simpson weighs, we don’t…
Read MoreCampaign Season is Coming – Know the Rules!
By Pete Kennedy, CPA, CVA – Director at Cover & Rossiter, P.A. There is a longstanding, semi-friendly feud between Naval Aviators and the other real Naval Officers who man the…
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