Insights by Author: Stacey Gumley

Gifts-in-Kind: New Reporting Requirements for Nonprofits

June 27, 2022

Nonprofits that receive contributions of nonfinancial assets are subject to new financial reporting rules. Because of…

Read this Insight...

Not-for-Profits Now Benefit from GAAP Alternatives

June 28, 2019

The Financial Accounting Standards Board (FASB) recently announced that it will now extend two of its…

Read this Insight...

New Accounting Standard Brings Big Changes to Not-for-Profit Financial Reporting

March 16, 2017

Not-for-profit organizations will see big changes coming soon to their financial reporting. After years of discussion,…

Read this Insight...

IRS Lowers Fees for Tax-Exempt Charity Application

September 23, 2016

Now there’s a headline you don’t see too often: “IRS Lowers Fees…” It’s true. Effective July…

Read this Insight...

Moving Forward with SSARS 21

February 16, 2016

December 15, 2015 marked an important date in accounting and review standards history. One of the…

Read this Insight...

Record Retention Guidelines and Policy Development

October 31, 2013

Although the topic of recordkeeping, including retention and destruction of records, may appear to be straightforward,…

Read this Insight...

What is Acumatica?

Nearly everyone has their head in the cloud these days—and for a good reason. Cloud-based ERP ...
Read this insight

IRS Issued Final Guidance on 199A Deduction for Pass-Through Entities

Forecasting, Finance, Calculator, Budget, Home Finances, Coffee, In a highly-anticipated release, the IRS provided a final ...
Read this insight

Team Member Spotlight

Congratulations to Joanie Hardy and Linda Laramee on their recent promotions to the management team! Joanie ...
Read this insight

Tracey Solomon Joins Partner Group

BPW is happy to announce the continued growth of the firm by welcoming Tracey Solomon to ...
Read this insight

CA Implements Wayfair Sales Tax Decision

Another important deadline will make an entrance in April next year. Effective April 1, 2019, the ...
Read this insight

70+ Acts of Kindness in 2018

As 2018 comes to a close, and we look back on this past year celebrating our ...
Read this insight

Top 7 Last-Minute Tax Strategies

There’s still time left in the year to make some last-minute tax moves. If you are ...
Read this insight

Year-End Tax Update for Businesses

As we look at taxes through a new lens this year, the Tax Cuts and Jobs ...
Read this insight

Year-End Tax Planning for Individuals

The Tax Cuts and Jobs Act introduced over 130 new provisions affecting both individuals and businesses ...
Read this insight

Eileen Sheridan & Jacob Sheffield Named Who’s Who in Professional Services

Congratulations to Managing Partner Eileen Sheridan and Partner Jacob Sheffield on being named two of the ...
Read this insight

Cost Segregation Now More Important in New Tax Reform Landscape

With changes to bonus depreciation in the Tax Cuts and Jobs Act (the Act), cost segregation ...
Read this insight

Team Member Spotlight

Congratulations to our team members on their recent accomplishments! Andreas Nitsche was inducted into this year's ...
Read this insight