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…

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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…

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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,…

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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…

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Moving Forward with SSARS 21

February 16, 2016

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

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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,…

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A New Twist on an Old Scam

As many are aware, tax scams are on the uptick. What you may not know is ...
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Employer Absolved from Income Tax Liability After Granted IRS Records

In a unanimous ruling, the Tax Court has made it easier for employers to absolve income ...
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Court Decision Favors Assessor Over Owner in Land vs. Building Valuation

The U.S. Tax Court recently ruled in support of the Los Angeles County Tax Assessor’s valuation ...
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Happy Retirement

A heartfelt tribute and our best wishes go out to retiring BPW Partner Elizabeth Boscacci. Liz has left an ...
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Social Security Changes in 2017

The Social Security Administration released a few changes to the program making an impact in 2017. ...
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Construction Companies Go Green

The construction industry has discovered that greening its energy sources with renewable energy initiatives is good ...
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New Option for Claiming Research Credit

The IRS recently provided interim guidance to qualified small businesses on a new option for claiming ...
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BPW Among Top 5 Best Places to Work

We are honored to be named in the Top 5 of the inaugural Central Coast Best ...
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Partner Spotlight

The Pacific Coast Business Times recently named BPW Partner Eileen Sheridan as one of the 2017 ...
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529 Plans: Saving for College

Now's the time to start saving for your child's higher education, and a 529 plan, named ...
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New Accounting Standard Brings Big Changes to Not-for-Profit Financial Reporting

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

Congratulations to our team members on their recent promotions! We had three team members receive promotions ...
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