Our Thoughts On Archive

Not-For-Profit Officer and Director Liability: A Volunteer's Cautionary Tale

Early this year, the United States Court of Appeals issued an opinion confirming a jury verdict that held former officers and directors of a bankrupt nursing

Get Ready - Changes Ahead for Not-for-Profit Financial Reporting

As we have written before, the Financial Accounting Standards Board (FASB) has been contemplating making significant changes to the ways that Not-for-Profits

Pennsylvania Education Tax Credit Update

The Pennsylvania Department of Revenue has issued Informational Notice Miscellaneous Tax 2015-01 (“Notice”) that addresses taxpayer questions

Determining Reasonable Royalty Damages in Patent Infringement Cases

In a prior article, we talked about determining lost profits damages in patent infringement cases. As discussed there, patent owners are to be compensated

2014 Form 990 Schedule B Instructions Clearly Address Use of the Special Rule

In January, 2014, we published an article addressing the use of the special rule for reporting contributions on Schedule B, Schedule of Contributors, of

Colleges and Universities Re-evaluate Cost-Cutting Approaches

Recent issues of the Chronicle of Higher Education have highlighted the fresh approaches that a few different schools have taken and how these approaches