by Borland Benefield Staff | Jul 5, 2023 | Articles for July 2023, Birmingham Accountants, Borland Benefield Staff, Charity, Nonprofit Auditing
Nonprofits and organizations dedicated to helping their communities have always been important to Borland Benefield. The firm caters to these benevolent entities as a specialty, even creating the Nonprofit Audit Group to serve this sector. One such nonprofit is the...
by Borland Benefield Staff | Dec 14, 2022 | Articles for December 2022, Birmingham Accountants, Government Actions, Municipal Audits
Act 2022-345 (HB256) was recently passed into law by the Alabama Legislature. HB256, also known as the Municipal Audit Clarification Act, details how mayors or city managers of a municipality should audit their municipality’s financial expenditures and how often these...
by Borland Benefield Staff | Dec 1, 2022 | Articles for December 2021, Birmingham Accountants, Borland Benefield Staff, Nonprofit Auditing
The greatest gift someone in need can receive is a helping hand. One of Borland Benefield’s oldest nonprofit clients, the Presbyterian Home for Children, has been reaching out and lifting those in need for more than one hundred and fifty years. Thanks to PHFC,...
by Borland Benefield Staff | Sep 30, 2022 | Articles for October 2022, Charity, Nonprofit Auditing
Accounting and delicious food are not two words that often go hand in hand, but every October, the irresistible aroma of Greek food and the toe-tapping tempos of traditional Greek music overtake the grounds of the Holy Trinity + Holy Cross Greek Orthodox Cathedral in...
by Borland Benefield Staff | Sep 8, 2022 | Articles for September 2022, Birmingham Accountants, Borland Benefield Staff, Nonprofit Auditing, Tax Code, Tax Related
The IRS is currently inundated with procedural and technical obstacles that have caused processing delays. Here are some items of note that have been reported by exempt organizations and their service providers. Announcement 2001-33 Replaced. Nonprofits should be...
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