By Michael E. Mast, CPA, CFE The 2018 Report to the Nations shows there has been an increase in the per-incident losses among nonprofits over the past two years. According to the 2016, report religious, charitable, and social service organizations were experiencing a median fraud loss of $82,000 based on the ACFE’s 2016 report, and that number rose to $90,000 … Continued
Yearly Archives: 2018
The City of Atlanta has gotten a great deal of unwanted publicity since it fell victim to a ransomware attack in March 2018.
In early May 2018, the Internal Revenue Service (IRS) introduced a new tool called the Tax Exempt Organization Search.
Many people think that nonprofit organizations (NPOs) are immune to changes in regulations affecting income tax.