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...

How to Avoid Common Errors on Nonprofit Financial Statements

‘Tis the season for nonprofit financial audits. During audit season, it is common to see organizations ...
Read this insight

Best Accounting Firm to Work For

Happy and grateful to share our fourth win with you! BPW has been named to Accounting Today's list ...
Read this insight

The Impact of Tax Reform on Alimony

The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially ...
Read this insight

Teach Them Young – How to Leverage Summer Job Salaries

If you want to teach your child the value of a dollar this summer, take a ...
Read this insight

Danna McGrew Featured in Leading From Within “Stories From Our Network”

We are proud to spotlight BPW Partner Danna McGrew, who was recently featured in Leading From ...
Read this insight

Court Overturns Physical Presence Standard in Sales Tax Decision

With the surge of online shopping dominating the retail space, a recent U.S. Supreme Court 5-4 ...
Read this insight

Passing the Torch

As Managing Partner Scott Hadley retires and rides off into the sunset, we celebrated his 21 ...
Read this insight

Blended Federal Income Tax Rate for Corporations with Fiscal Year

In a recent release by the Internal Revenue Service, corporations operating on a fiscal year that ...
Read this insight

How Tax Reform Affects Fringe Benefits

The Tax Cuts and Jobs Act (the Act) cut tax rates for both individuals and businesses, ...
Read this insight

Best Place to Work for the 2nd Year in a Row

We are honored to be named among the Central Coast Best Places to Work by the Pacific Coast Business ...
Read this insight

Partner Spotlight

Congratulations to BPW Partner Ellyn Cole on being named one of the 2018 Top 50 Women ...
Read this insight

New Bill Delays Three Taxes

The president signed a “continuing resolution” on January 22, delaying three health-related taxes: the medical device ...
Read this insight