Skip to content
M.S. Febrey
  • About Us
    • The Process
    • From Our Clients
  • Tax and Audit Services
  • Tax Resources
    • 2021 Tax Planning Quick Reference Guide
    • COVID-19 Business Resources
    • Recent Tax Changes 2020
    • Tax Calendar
    • Tax Planning Strategies Capitalizing on Opportunities
    • Tax Tips on Marriage
    • Disaster Preparedness Checklist
    • Welcoming a New Child
    • College and Education Tax Tips
    • Tax Tips: Getting Ready for Retirement
  • Blog
  • Client Portal
  • Contact Us

M.S. Febrey M.S. Febrey

Nonprofit

Remote Church Audits More Commonplace

April 29, 2020April 29, 2020 audit, Blog, Nonprofit

If your church is required or prefers to have an audit, conducting the process remotely helps to reduce stress, while accomplishing the same goal—a high-quality audit. It’s important to know that a remote audit adheres to the same obligations to […]

Read more

Nonprofits – Claim Your UBIT Refund or Credit

February 12, 2020 Blog, Nonprofit, Tax

According to the IRS, “The Taxpayer Certainty and Disaster Tax Relief Act of 2019 retroactively repealed Internal Revenue Code (IRC) Section 512(a)(7), which increased unrelated business taxable income (UBIT) by amounts paid or incurred for qualified transportation fringes.” What does […]

Read more

Tax Changes and Regulations Impacting 2020

January 17, 2020January 17, 2020 Accounting News, Blog, Nonprofit, Tax

Parsonage Allowances U.S District  Court found that the non-taxability of parsonage allowances was unconstitutional in the case of Gaylor v. Mnuchin. This decision was overturned by the Seventh Circuit Court on March 15, 2019, which found that the provision (Code […]

Read more

How the New FASB Standard Impacts Nonprofit Audit Fees

August 7, 2019November 25, 2019 Accounting News, Blog, Nonprofit

It’s hard for nonprofit executives to put a price on an audit, for good reason. They are difficult to conduct due to several factors, including the auditor’s time to complete the task, the amount of risk an auditor must assume, […]

Read more

3 Advantages of a Nonprofit Independent Audit

July 22, 2019November 25, 2019 Accounting News, Blog, Nonprofit

The Internal Revenue Service (IRS) doesn’t require nonprofits to have independent audits, but that doesn’t mean your nonprofit never needs an audit. Some federal, state, and local government agencies require audits, as do some banks and foundations. Generally, the requirements […]

Read more

Posts navigation

Older posts

Search

Search by Category

IMPORTANT UPDATES

Jan. 8: The New Round Of PPP Loans (Round 2)

Jan. 5: State Tax Changes Effective Jan. 1 Learn more
Dec. 27: Trump signs massive measure funding government, COVID relief

Dec. 22: IRS Issues 2021 Mileage Rates for Business, Medical, Charity Travel

Dec. 17: Steps to Take Now to Get a Jump on Your Taxes. Learn more.

Oct. 28: FBAR filing due 10/31 unless you’ve been impacted by a natural disaster. Then it’s due 12/31/20. Learn more.

Oct. 27: IRS sets 11/10 as National Economic Impact Payment Registration Day. What this means for you.

Oct. 10: IRS issued the 2021 annual inflation adjustments and tax rate tables for individuals and estates and trusts. Learn more.

Sept 30: IRS has a new tax guide for members of the military. Learn more.

febrey covid image

Click the image to view resources.

Recent Posts

  • Real Estate Agents – How to Achieve Tax Savings
  • Estimating Tax Based on Commission
  • Taxpayer Identity Protection PIN
  • What the payroll tax holiday means for you and your employees.
  • Workforce Living and Working in Separate States?

Contact Us

M.S. Febrey CPA
4900 Auburn Ave. Suite #201
Bethesda, MD 20814

Phone
(301) 657-1040

Email
Contact Us

Directions

Tax Return Due Date 2021

0
Days
:
0
Hrs
:
0
Mins
:
0
Secs
:

Connect On Social

  • LinkedIn
  • Facebook
  • Twitter

RSS Washington Times Business News

  • No pardons by Donald Trump for Edward Snowden, Julian Assange January 20, 2021
  • The Latest: Flags, signs, soldiers ahead of Biden inaugural January 20, 2021
  • Joe Biden will reverse WHO withdrawal, restore health team on security council January 20, 2021
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
Powered by WordPress | Theme: Astrid by aThemes.