Join the Cherry Bekaert Energy Tax Credits & Incentives Advisory team as we provide details on tax credits and incentives that are rewarding to not-for-profit organizations. In 2023, the Inflation Reduction Act (IRA) allowed tax exempt and governmental entities to take monetize clean energy tax credits and incentives, even if your organization does not pay federal taxes. These tax credits and incentives aid to encourage growth and development of clean and efficient energy and practices.

Our knowledgeable team shares insights into the various available federal tax credits and incentives and how they can be monetized in the form of a payment from the U.S. Treasury. 

The new current expected credit loss, or CECL, standard affects how not-for-profit organizations evaluate financial assets such as loans, trade receivables, and investments. 

We discuss the new standard and how it applies to not-for-profit organizations, including considerations of methodologies for calculating the allowance, scope for not-for-profit organizations, required disclosures in the footnotes to financial statements, and the timeline for implementation.  

Not-for-Profits face staffing challenges in their accounting and finance functions, leaving many organizations overstretched and unable to focus on their mission's most important tasks.

This webinar covers current staffing trends and how NFPs creatively address their staffing needs.