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Are you passionate about the environment and preserving our natural resources? Do you like paying less tax? Charitable conservation easements can help you do both. Taxpayers are allowed a charitable deduction for donation of a qualified easement to a qualified charity, to the extent the easement decreases the fair market value of the encumbered property.

Today, non-governmental entities largely share a common reporting framework. However, the FASB has developed a new proposed framework for financial reporting based on “operating,” “investing” and “financing” classifications of activities, and intends to pilot this new framework with not-for-profit organizations. Here are some key concepts you should understand relative to the FASB’s exposure draft.

The U.S. Department of Health and Human Services Office of Inspector General recently issued its mid-year Work Plan update (May 2015). This release summarizes the FY 2015 OIG activities and reviews related to Health and Human Service programs.

With today’s rapidly changing technology, more and more companies are moving many of their accounting and management systems “to the cloud.” Up until now there has been little guidance on how companies should account for fees paid for cloud computing.

Maine’s two-year budget proposal has been the subject of plenty of ink and pixels in recent days, as Maine’s governor and legislators wrestle their way toward a very contentious completion of the lawmaking process.

On July 10, 2012 the Federal Financial Institutions Examination Council (FFIEC) Information Technology Subcommittee issued a public statement likening cloud computing to a form of outsourcing which has similar risk characteristics and must be properly managed. Fast forward three years to today, and this is still an area that many companies do not adequately understand or on which they do not apply the correct amount of emphasis.