News & Insights

How To Develop a Responsible Local Government Budget Process

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 A local government’s budget establishes its vision, strategy, and priorities, and communicates those to its employees and citizens. It could easily be considered one of the most critical tasks appointed […]

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The IRS Has Just Announced 2024 Amounts for Health Savings Accounts

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The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust created or organized exclusively for the purpose of […]

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Social Security’s Future: The Problem and the Proposals

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Recent reports have raised anew concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has long been considered a “third rail” of American […]

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Is That a Lease? A Focus on Nonprofit Lease Considerations under ASC Topic 842

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While Accounting Standards Codification (ASC) Topic 842 is applicable to all entities, the adoption of the new leasing standard by nonprofit organizations is bringing into focus some unique considerations that […]

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Stolen Faith: How Internal Control Reviews Could Save Your Religious Institution from Fraud

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By: Gary Loew   Theft is as old as time. There have been documented instances of people taking things that were not theirs for as long as there have been […]

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