by Jake Cook, Sandra Feinsmith and Todd Teresco | Jul 14, 2026 | Nonprofit, Tax
The Internal Revenue Service (IRS) released Notice 2026-36 on June 5, 2026, announcing it intends to issue proposed regulations under Section 4960 of the Internal Revenue Code (IRC) addressing the expansion under the One Big Beautiful Bill Act (OBBBA) of the excise...
by Lee Klumpp | Jun 18, 2026 | Nonprofit
The federal grants landscape may be entering another period of significant change. On May 29, 2026, the U.S. Office of Management and Budget (OMB) published a proposed rule in the Federal Register that would substantially revise the government-wide regulations...
by Mara Minz and Sue Miller Wiltz | Jun 11, 2026 | Nonprofit
Key Takeaways A nonprofit impact statement explains the problem you address, your organization’s approach, and measurable outcomes. Strong impact reporting builds donor trust and strengthens grant proposals with clear, outcome-focused evidence. Focus on outcome...
by Tani Budde | May 27, 2026 | Accounting, Advisory, Assurance, Nonprofit, Uncategorized
One of the most consistent gaps we encounter is not whether controls exist but rather how they are described. What’s often described as a control sometimes turns out to be a description of a routine task (‘bank reconciliations are performed monthly’)...
by Ericksen Krentel CPAs | Jan 19, 2026 | Accounting, Assurance, Careers, Construction, Healthcare, Hospitality, Maritime, News, Nonprofit, Tax
Ericksen Krentel has elected Tani Budde, CPA; Gretchen Lozes Fischer, CPA; and Amanda Waguespack, CPA; to its partnership, effective January 1, 2026. “Tani, Gretchen, and Amanda have each demonstrated exceptional technical expertise, strong leadership, and an...
by Ericksen Krentel CPAs | Dec 19, 2025 | Accounting, Construction, Healthcare, Hospitality, Maritime, Nonprofit, Tax
Private companies find themselves navigating a tax landscape marked by rapid change and increasing complexity. The wave of legislative, economic, and technological developments over the past year has created novel challenges. It’s not enough to merely survive. All...
