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Sales tax and nonprofits

TaxConnex

Other stats say more than 2 million charities exist that are tax-exempt according to Internal Revenue Service rules. And just like any other major sector of society, such entities consume large amounts of tangible personal property. Are non-profits exempt from sales tax obligations? That depends on many factors.

Sales 147
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70% of Higher Ed Leaders Think Industry Needs Fundamental Change in Management

CPA Practice

The outlook synthesizes data based on a survey of respondents from all regions of the United States and all sectors of higher education except for-profit institutions, with over 90% of respondents holding executive or administrative roles in their institutions. Over the last 5 years, 59.2% Only 30.5%

Education 109
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Is your profit data misleading you? Part 1 – valuable insight

Menzies

Ultimately, profitability must be a key consideration – if you are not making a profit then the longer-term viability of the business is doubtful. Ultimately, profitability must be a key consideration – if you are not making a profit then the longer-term viability of the business is doubtful.

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Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Emerging artificial intelligence (AI) advancements spurred activity in the technology sector, while middle-market and strategic transactions, such as carve-outs and add-ons, continued to flourish. Despite these headwinds, there were positive opportunities for private equity investors.

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Manufacturing: Spring Budget Predictions & Wish List

Menzies

Andrew England highlights what we could expect from the Chancellor’s Spring Budget 2024 this year, and what could benefit the Manufacturing sector. Basic rate tax A potential reduction in the basic rate tax by up to 2%, similar to the NIC cut we saw in the Autumn Statement, is one item that has been raised a number of times.

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State CPA Societies in Action: Illinois CPA Society

CPA Practice

ICPAS serves an extraordinary community of more than 22,600 accounting and finance professionals in a variety of CPA and non-CPA roles positioned throughout the public accounting, corporate finance, not-for-profit, consulting, education, and government sectors. Brown has more than 20 years of experience as an association professional.

Illinois 125
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Australian business news wrap for November!

Reckon

With already thin or shrinking profit margins, Australian SMEs face even greater financial burdens coming into the end of the year. With rate rises, holiday shopping and scam prevention on the radar, let’s take a look at some of the more pressing news. So what does the strategy entail?