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Latest Articles

Conference Speakers: Lack of Care in Tax-Exempt Orgs Means They Won't Be Tax Exempt for Long

By:

Chris Gaetano
|
Jan 14, 2022

Tax-exempt status is not a one-and-done process, but rather an ongoing status that an organization must maintain. Unfortunately, according to a pair of speakers at the Foundation for Accounting Education's 44th Annual Nonprofit Conference on Jan. 13,, there are numerous possible mistakes an organization could make that would result in loss of that status.
In Remote-Work Era, Bar for a Sick Day Moving Higher, Even for COVID-19

By:

Chris Gaetano
|
Jan 14, 2022

The Wall Street Journal is reporting that remote workers are taking fewer sick days even if they are actually sick, and even if they have COVID-19.
'Pharma Bro' Martin Shkreli Banned From Industry, Must Pay $64 Million

By:

Chris Gaetano
|
Jan 14, 2022

Martin Shkreli, widely known as "pharma bro," has been banned from the industry entirely and must pay $64 million as the result of a 2020 lawsuit.
Conference Speaker: Amid Rising Financial Pressures, Nonprofits Must Rethink Staffing Policies

By:

Chris Gaetano
|
Jan 13, 2022

Gary Bagley, CEO of New York Cares and the keynote speaker at the Foundation for Accounting Education's 44th Annual Nonprofit Conference, said that organizations in the caring community are under unprecedented pressures due to the pandemic, which necessitates focusing on the people who make their missions possible.
Taxpayer Advocate Warns Refunds Will Probably Be Late This Year Too

By:

Chris Gaetano
|
Jan 13, 2022

IRS Taxpayer Advocate Erin Collins warned that just as tens of millions of people had their tax refunds delayed last year due to administrative overload at the agency, this year will probably bring more of the same.
Supreme Court Strikes Down Vaccine Mandate for Large Employers, Retains Requirement for Health Care Workers

By:

Chris Gaetano
|
Jan 13, 2022

The U.S. Supreme Court ruled against the White House's vaccine (or testing) mandate for employers with at least 100 workers, although it did allow a mandate to remain in place for the nation's 10 million health care workers.
Internal Auditors Warn: Quality of Corporate Governance Backsliding After Previous Improvement

By:

Chris Gaetano
|
Jan 12, 2022

A recent report from the Institute of Internal Auditors said that, despite gains in 2020, the quality of corporate governance degraded in 2021.
NYS Eviction Moratorium to End This Week

By:

Chris Gaetano
|
Jan 12, 2022

The state eviction moratorium that kept myriad New Yorkers in their homes over the course of the pandemic is set to end this week.
Barry Melancon: New Sustainability Board Will Produce Truly International ESG Standards

By:

Chris Gaetano
|
Jan 11, 2022

Barry M. Melancon, the CEO of the AICPA, presented his annual Professional Issues Update as a webcast for the Accountants Club of America on Jan. 11, said that while accounting professionals in the United States may be used to the split between international and U.S. accounting standards, that won't be the case when it comes to the reporting standards that are set to be developed by the new International Sustainability Standards Board (ISSB), as these will be truly international.
World Bank Warns of Slowing Economy Amid COVID Surge

By:

Chris Gaetano
|
Jan 11, 2022

The World Bank warned that global economic growth, which was strong in 2021, is expected to slow in 2022 and get even worse in 2023, increasing the possibility of a "hard landing" for developing countries.

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Latest Articles

Conference Speakers: Lack of Care in Tax-Exempt Orgs Means They Won't Be Tax Exempt for Long

In Remote-Work Era, Bar for a Sick Day Moving Higher, Even for COVID-19

'Pharma Bro' Martin Shkreli Banned From Industry, Must Pay $64 Million

Conference Speaker: Amid Rising Financial Pressures, Nonprofits Must Rethink Staffing Policies

Taxpayer Advocate Warns Refunds Will Probably Be Late This Year Too

Supreme Court Strikes Down Vaccine Mandate for Large Employers, Retains Requirement for Health Care Workers

Internal Auditors Warn: Quality of Corporate Governance Backsliding After Previous Improvement

NYS Eviction Moratorium to End This Week

Barry Melancon: New Sustainability Board Will Produce Truly International ESG Standards

World Bank Warns of Slowing Economy Amid COVID Surge

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