Decoding Financials and Tax Reform for Nonprofits (State College)

May 22, 2018 09:00am -
May 22, 2018 01:00pm
(GMT-5)

Event Details

Event Description

Decoding Financials and Tax Reform for Nonprofits
Tuesday, May 22 | 9:00 AM – 1:00 PM | State College

Offered in Partnership with and Sponsored by:
APPI Energy, Maher Duessel, Northwest Bank & Schlow Centre Region Library

On Tuesday, May 22, the Schlow Centre Region Library and the PA Association of Nonprofit Organizations (PANO) are excited to co-host “Decoding Financials and Tax Reform for Nonprofits”.

This half-day program will feature:

1. A high-level introduction to the basics of non-profit accounting and reporting.

2. A workshop focusing on tax reform and how the changes will impact your organization.

3. Food – enjoy breakfast on us!

Agenda

9:00 AM – 9:30 AM – Networking and Breakfast

9:30 AM – 9:50 AM – Welcome and Introductory Remarks

9:50 AM – 11:05 AM – Understanding the Basics of Accounting & Reporting for NPOs
Presented by: Jeffrey Kent, Partner, Maher Duessel, Joe Minich, Supervisor, Maher Duessel, and Dustin Starr, Manager, Maher Duessel

With an ever-changing regulatory environment and the complexities involved with the recent Tax Cuts and Jobs Act it is now more important than ever that nonprofit board members and staff have a basic understanding of their organization’s financial reporting requirements. Jeffrey, Joe and Dustin will provide an introductory level presentation on the basics of non-profit accounting and reporting, explaining important terminology you need to be aware of and the key responsibilities for board members and staff.

11:05 AM – 11:30 AM – Networking Break

11:30 AM – 12:20 PM – Tax Reform
Presented by: Anne Gingerich, MSW, Executive Director, PANO

On Tuesday, December 19, 2017, the House and Senate passed the Tax Cuts and Jobs Act. This tax overhaul has major implications for all 501(c)(3) nonprofits. The tax reform bill will reduce charitable giving, eliminate the ACA’s individual mandate, create new taxes on certain nonprofit activities, and more. Anne will discuss the changes and how they will impact your organization.

12:20 PM – 12:30 PM – Closing Remarks, Networking, and Adjourn

Cost
$20 PANO Members | $40 Regular Price

Location

Schlow Centre Region Library
211 S. Allen Street
State College, PA 16801

 

Event Type:Education
Early registration ends on Apr 23, 2018.
Regular registration starts on Apr 24, 2018 and ends on May 22, 2018.
Late registration starts on May 23, 2018.
(GMT-05:00) Eastern Time (US & Canada)