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Nonprofit update
Nonprofit finance, accounting, and tax news
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Recent Posts
- Admissions scandal sentencing. Data base on accused parents.
- California Assembly concurs with changes to AB 1181 by California Senate.
- AB 1181 passes California Senate
- Effective date of proposed AB 1181 set at January 1, 2021
- No GAAP violation but charitable solicitations are misleading – – Preliminary Decision issued for appeal of California AG’s Cease & Desist Order against MAP International, Food for the Poor, and Catholic Medical Mission Board.
- California Senate does not take up AB 1181 on 8/26, but does provide a carve out from GAAP for escrow companies.
- AB 1181 scheduled for floor vote in Senate on August 26.
- World Vision withdraws opposition to AB 1181. Other changes in list of those opposed.
- Senate Floor Analysis for AB 1181 posted on August 21.
- AB 1181 read on Senate floor second time. Next step: third reading and vote.
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Top Posts in past few days
- 10 leading causes of death in 1850 and 2000
- Standard mileage rates for 2019
- Ratio analysis for church loan
- Verify state exempt status - You can look up the status of an organization with the California Franchise Tax Board
- Rationalization – the final side of the fraud triangle
- California Assembly concurs with changes to AB 1181 by California Senate.
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