To qualify as a not-for-profit, tax-exempt hospital, there are a number of requirements that must be followed under IRS section 501(c)(3). The Affordable Care Act added even more requirements through section 501(r), stating that hospitals must be able to show… Read More
Year-end financial statement audits can be a daunting process for not-for-profit organizations. With some planning and preparation, the not-for-profit finance committee or accounting employees can ensure a smooth and successful audit. Listed below are a few steps to take to… Read More
The House and Senate have voted and passed tax reform legislation, and President Trump has signed into law. Now that tax reform is definite, we have highlighted some of the major provisions impacting businesses. Read the individual tax provisions.
Revised… Read More
The Finance Committee is a vital part of any not-for-profit organization, but the position often comes with some unknowns. Determining responsibilities as a Finance Committee member is necessary for securing the financial health of the organization. Members have a fiduciary… Read More
The Anders Not-for-Profit team stays on the pulse of what’s happening in the not-for-profit industry in St. Louis and across the country. Download the Must-Have Time Sensitive Updates for Not-for-Profits video presentation and PowerPoint slides for details on:
Financial Accounting… Read More