Daily Archives: September 24, 2021

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House Ways and Means Committee Updates

GJC Advisor, Tax UpdatesBy Rodelyn Frijas September 24, 2021

HOUSE WAYS AND MEANS COMMITTEE RELEASES INITIAL TAX PROPOSALS On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases and tax cuts, which will undergo a round of markups by the committee over the next few days. Most tax proposals were anticipated; however, the House…

GJC Advisor – Nonprofit Organizations Updates – Summer 2021

GJC Advisor, NFPBy Rodelyn Frijas September 24, 2021

The Uniform Guidance – Some Ongoing Pitfalls By Matthew Cromwell, CPA, BDO We find ourselves years into the implementation of Title 2 Code of Federal Regulations (CFR) 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). However, a few recurring matters continue to arise that lead to audit findings. This article will discuss…