Monthly Archives: September 2016

IRS Tax Scams Abound – Fake CP2000 Forms

IRS tax scams abound: the IRS and its Security Summit partners issued an alert on September 22 about the most recent scam, this one involving a fake email with a fraudulent CP2000 attachment.  The Treasury Inspector General for Tax Administration has been notified and the issue is under investigation. The CP2000 notice is a common […]

Big Changes Coming for Financial Reporting of Not-for-Profit Organizations – Part 3: Disclosing Board Designations of Net Assets

Recap On August 18, 2016, the FASB issued Accounting Standards Update (ASU) No. 2016-14 “Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities.”  ASU 2016-14 requires a number of changes to the financial statements of NFPs.  These changes will be effective for fiscal years beginning on or after December 15, 2017. This article […]

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