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  • Recent Updates
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  • Annual Tax Releases
  • Financial Tools

Legacy Advisor - Not-For-Profits

Issue No. 14-2
  • 2014 AICPA Not-For-Profit Industry Conference
  • Legacy News
  • Nonprofit Guide to Establishing a Gift Acceptance Policy
  • Minimizing Volunteer Liability Risk
  • Form 1023-EZ Released
  • Legacy Peer Review
  • Update on 501(c)(4) Proposed Regulations
  • Client Spotlight -- Working in the Schools (WITS)

Issue No. 14-1
  • Proposed Guidance to Clarify Allowable Political Activities of 501(c)(4)s
  • Legacy News
  • Hot off the Press from the IRS
  • IRS Warns of Bogus Charity Scams
  • 2014 Standard Mileage Rates
  • Legacy Social Media

Issue No. 13-2
  • Client Spotlight -- Snow City Arts
  • Legacy News
  • Enhancing the Audit Process -- Part 1
  • Legacy NFP Roundtable Recap
  • IRS Announces Optional Expedited Process for Certain 501(c)(4) Exemption Applications
  • Article of Interest -- CFO Hunting

Issue No. 13-1
  • Financial Benchmarking
  • Legacy News
  • Clarified Auditing Standards Changes Effective this Year
  • Voluntary Classification Settlement Program (VCSP) Update
  • New Form I-9 Released
  • Expiration of FDIC Unlimited Coverage for Noninterest-Bearing Accounts
  • Responding to IRS Notices
  • New Limit on Flexible Spending Account Contributions

Issue No. 12-2
  • Tax Exempt Status for Hospitals at Issue in Illinois
  • Legacy News
  • Deductibility of Travel Expenses
  • Important Regulatory Changes for Illinois CPAs
  • Final Regulation Relating to Service Provider Disclosures Under Section 408(b)(2) -- July 1 Deadline Reminder
  • Preventing Fraud

Issue No. 12-1
  • Final 2011 Form 990 Notable Changes
  • Legacy News
  • Work Opportunity Tax Credit
  • Stay Exempt Redesign
  • IRS Inflation Adjustments
  • Voluntary Classification Settlement Program
  • Doherty Appointed to ICPAS Board of Directors

Issue No. 11-2
  • FASB Adds Two New Projects to Agenda
  • Worker Classification -- What You Should Know
  • Functional Expenses
  • IRS Notes

Issue No. 11-1

  • Automatic Revocation for Not Filing Annual Return on Notice
  • Legacy Hosts Nonprofit Seminar
  • Protecting Cardholder Data
  • Health Care Tax Credit
  • Highlights from IRS.gov

Issue No. 10-3

  • Managing Risk in Today's Economy
  • Voiding Checks in QuickBooks
  • IRS Issues Draft Form W-2
  • Benchmarking Performance

Issue No. 10-2

  • Promises to Give and Bad Debt
  • IRS Offers One-Time Relief to More Than 300,000 Small Charities
  • IRS Releases Form to Help Calculate New Health Care Tax Credit, Announces How Tax-Exempts Will Claim Refundable Credit
  • IRS Releases Gaming Publication
  • Form 990 -- Moving Forward

Issue No. 10-1

  • Beware of New Email and Telephone Scams Using the IRS Name
  • Red Flags Rule for Not-For-Profits
  • EPCU Questionnaire
  • IRS Releases Revised UBIT Publication
  • IRS Releases Interim Report on Colleges' and Universities' UBIT Compliance
  • New Tax Credit Helps Small Tax-Exempt Organizations Provide Health Coverage


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