Parag Patel Esq. was the featured speaker last month at a New Jersey Society of Certified Public Accountants (NJCPA) Nonprofit Interest Group. The Group is a resource for NJCPAs for accounting and auditing issues affecting Not-for-Profit organizations providing interpretations of new standards through education and roundtables.

Mr. Patel presented a “Tax Update for Nonprofit Organizations,” which provided an overview of tax and compliance requirements that apply to tax-exempt, not-for-profit entities.

The program covered new tax court decisions, recent IRS publications, the latest tax legislation that will impact tax-exempt entities, IRS tax-exempt procedures, and other issues.

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