Category: News

This advisory addresses two significant developments affecting nonprofit organizations: the U.S. Department of the Treasury’s proposed revisions to Form 990 and the governance, compliance, and operational risks associated …

Executive Summary On May 29, 2026, the Office of Management and Budget (OMB) issued proposed revisions to the Uniform Guidance governing federal financial assistance. If finalized, these changes …

Nonprofit financial planning is becoming a continuous discipline that combines liquidity management, diversified revenue strategy, stronger data systems, clearer board governance, and more rigorous proof of impact. The …

Artificial intelligence (AI), especially generative AI (GenAI) and machine learning (ML) – is now embedded across the nonprofit tax lifecycle: provisioning and close, compliance, research, controversy, and planning. …

In the most recent State of the Sector Survey, the Nonprofit Finance Fund found that 36 percent of the 2,200+ respondents ended 2024 with a deficit. The federal …

One Big Beautiful Bill Impact The One Big Beautiful Bill Act (enacted July 4, 2025) makes several changes that affect how nonprofits raise funds, pay leaders, report to …

NCheng LLP proudly announces the appointment of Faizan Younus as a Principal within its leadership team, recognizing his exceptional contributions and leadership over the past 4 years. As …