Large, long-established not-for-profits generally know where the duties of their staff end and those of their board members begin. But smaller or newer organizations don’t always understand the limits of each “lane.” To avoid confusion and misunderstandings — and help ensure efficient operations — employees and board members need explicit guidelines about their roles and ... Read More ›
The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025, ruling by a federal district court (Smith v. U.S. Department of the Treasury), the requirements are technically back in effect for covered companies. But a short time later, the U.S. Department ... Read More ›
The Donna A. Hubert Memorial Scholarship Fund offers an annual renewable scholarship for women interested in pursuing a career in accounting. This scholarship was created by the Partners and Principals of Legacy Professionals LLP to honor Donna’s contributions to the Firm and the accounting industry. Education is the gift that lasts a lifetime, and through ... Read More ›