We share the IRS rules for employee expense reimbursements, the value of board member term limits, and safeguards to avoid fraud risks.
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Exempt Organizations Newsletter | October 2023
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Reimbursing_Expenses_for_Nonprofit_Employees

📝Reimbursing Expenses for Nonprofit Employees

 

Understand the IRS rules with an accountable plan to reimburse employees for expenses paid.

 

 

Read Reimbursing Expenses

Is Trust a Fraud Risk for your Nonprofit Organization

🛡️Is Trust a Fraud Risk for your Nonprofit Organization

 

It is not unusual for nonprofit organizations to trust employees, that along with loose internal controls can put your organization at risk.

 

 

Read Trust is a Fraud Risk

Pros_and_Cons_of_Nonprofit_Board_Term_Limits

🕦Pros and Cons of Nonprofit Board Term Limits

 

Board limits are a best practice regardless of your organizations size and structure. 

 

 

Read Pros and Cons

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📣Nonprofit Resources

 

Download the Exempt Organizations 2022 Salary Survey 

Now available, the 2022 Lumsden McCormick Exempt Organizations Salary Survey published in August '23.

 

 

2023 Exempt Organizations Conference Announced

The 2023 Conference will be held on November 30 and December 1. Registration opens on November 1, 2023.

 
Buffalo Sabres raffle 2023_193916187

🏒Attention Clients - Win Hockey Tickets

 

Back by popular demand, Lumsden McCormick clients can enter to win two tickets to an upcoming Sabres game. Raffles will be held monthly from November 2023 - March 2023. Go team!

Register to win!

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Lumsden McCormick CPAs, 369 Franklin St., Buffalo, NY 14202, 716-856-3300

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