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May/June 2018 Nonprofit Newsletter

This month’s newsletter includes the following topics:

  • Tax Cuts and Jobs Act (TCJA) & UBIT Ramifications on Employee Benefits
  • FASB Issues Clarifying Guidance on Accounting for Grants and Contributions
  • IRS Releases New Revenue Procedure 2018-32

Also, Edelstein & Company, LLP will be hosting a training workshop in the coming months to facilitate the implementation of ASU 2016-14 Presentation of Financial Statements of Not-for-Profit Entities for our nonprofit clients. Please email Edelstein’s Front Office ( if you are interested in attending this complimentary workshop. Seats will be limited so please don’t delay in registering for this important event. ASU 2016-14 can be found here.

Read the entire newsletter here.