MBK Partner Kristina Drzal Houghton weighs in on the “Fiscal Cliff”
January 3, 2013
On January 3, 2012, Kristina Drzal Houghton , Partner and Director of MBK’s Tax Divition, weighed in on the Fiscal Cliff in Jim Kinney’s article in the Springfield Republican. Read Fiscal Cliff Uncertainty Left Mark On Econmy
This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.
Share Post:
Nonprofit organizations that have an endowment must adhere to certain regulations, including when it comes to spending from investment income. For this reason, many nonprofits opt to have a financial professional manage their endowment investments.
Every year, the IRS releases its "Dirty Dozen" list of common scams and schemes that taxpayers should be aware of. As we enter the peak of tax season, make sure you stay alert and aware.
Sometimes donors put restrictions on their donated funds, and in other instances, nonprofit boards place limits on certain assets. Board-designated net assets can prove critical to the survival of programs, projects, or an organization itself.
