Not for Profit

Who is Mazars?

We are pleased to announce an exciting development for the new year! As of January 1, 2017 we have officially changed our name to Mazars USA LLP. As the world’s 11th largest accounting firm, the Mazars name is renowned around the globe. Our new name reflects our expanded international capabilities and reinforces our standing as […]

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FASB Issues New Guidance on Not-For-Profit Entities Financial Statement Reporting

Yesterday, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU 2016-14), Presentation of Financial Statements of Not-For-Profit Entities. The FASB believes that these changes to financial statements and note disclosures will both simplify and improve financial statement reporting and increase relevance for donors, grantors, creditors and other users. The changes are in […]

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H.R. 5053 “Preventing IRS Abuse and Protecting Free Speech Act”

Last week, June 14th, 2016, the U.S. House of Representatives passed a bill, H.R. 5053 “Preventing IRS Abuse and Protecting Free Speech Act.” Under current law, most 501(c) organizations are required to report the names of individuals who contribute more than $5,000 on a Form 990, Schedule B. The bill would prohibit the IRS from […]

IRS Drops Proposal Asking Charities for Donor Social Security Numbers

The Internal Revenue Service has dropped a rule, proposed in September 2015, that requested tax-exempt organizations to ask donors for personal information, including Social Security numbers, on any donation of $250 or more. Significant concerns were raised about the proposed new regulation by a range of organizations, which asked its members to submit comments to […]

Tips for Fast-Growing Companies: From Technology to Talent

We asked our experts for their top three pieces of advice for fast-growing businesses and they answered. In this video, WeiserMazars Consulting Partner, Michael Flagiello, discusses the important of a technology strategy, recruiting top talent, and surrounding yourself with talent. Watch the video now to learn more!