Intermediate Sanctions Consultation
Like for-profit companies, compensatory issues within a nonprofit organization are a subject of keen interest. Besides appropriate base compensation, other compensatory arrangements draw scrutiny, such as incentive compensation, severance packages, retirement benefits, employer-provided automobiles, spousal travel, club memberships, and other executive perks. If a compensation arrangement is found excessive by the IRS, substantial penalties may be imposed.
BPM’s nonprofit team is well-versed in the means to assuring compliance with tax rules relating to executive compensation, benefits, and perquisites. We work with Management and the Board to achieve a suitable compensation arrangement with key executives. With the peace of mind that competent executives will be retained, the important work of the organization can go on.
The sessions cover significant emerging
issues that can affect every facet of your organization.
Recurring Accounting Issues Noted and
Related Best Practices for Nonprofits
A look at what the IRS wants to know
about your tax-exempt bonds.
Nonprofit Dashboards to Stay
Informed and Make Decisions
How to plan and design a meaningful dashboard.
The Single Audit:
What it Means for the Auditee
Overview of the Single Audit Act and Compliance Requirements.
Your Internal Control Check-up
Reducing the risks of errors and fraud.
Merging Nonprofit Organizations
A look at accounting due diligence
issues for considering nonprofit mergers.
IRS Increases Scrutiny of Nonprofits
Exempt organizations should be aware of these key areas that the IRS will be targeting.
