Redpath Insights

Updates to Tax Extenders, Refunds, Tax-Exempt Transportation Benefits

December 26, 2019 โ€” On December 20, 2019, the President signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019, generally extending a number of โ€œTax Extendersโ€ (bills that are routinely set to expire in one to three year...

Redpath Donates $18.1k to TreeHouse

St. Paul, Minnesota (March 8, 2019) โ€“ Accounting firm Redpath and Company, Ltd. (Redpath) donated $18,100 to TreeHouse.

New Guidance Will Require More Nonprofits to Pay Unrelated Business Income Tax

December 18, 2018 โ€” The tax-exempt sector has received the much-anticipated interim guidance from the Internal Revenue Service regarding the application of qualified transportation fringe (QTF) benefits.  Under this interim guidance, many...

Types of Charitable Giving and Their Tax Deductible Benefits

December 4, 2018 โ€”  โ€˜Tis the season for giving. Individuals and businesses often find great fulfillment in giving back to their community, supporting our troops, or donating to humanitarian efforts, the arts, education, or environmental...

Tax Reform for the Tax-Exempt

July 17, 2018 โ€” Recently, the nations tax-exempt professionals gathered at a national conference where there was much discussion around the recent tax reform and its extensive impact on the Not-for-profit sector. If you are involved in the...

For-Profit or For Fun? Donโ€™t Make the IRS Guess with Your Business Expense Deductions

June 13, 2018 โ€” Do you want to be able to deduct business expenses? Take the right steps to ensure your business will not be deemed a hobby by a taxing authority come audit time. Pending further guidance from the IRS, an effect of tax reform was...

Redpath Donates Computers to Minnesota Center for Book Arts

St. Paul, Minnesota (May 23rd, 2018) โ€“ Accounting firm Redpath and Company, Ltd. (Redpath) is excited to announce it has donated new desktop computers to Minnesota Center for Book Arts (MCBA) in Minneapolis, Minnesota for its administrative...

Is Your Not-for-Profit Preparing for the FASB Accounting Standards Update?

October 26, 2017 โ€” In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-14, which has far-reaching implications for not-for-profit organizations. The FASB believes that the complexity of...

Are You a Not-for-profit? Letโ€™s Talk About Fraud Mitigation

October 17, 2017 โ€” Fraud. It comes in many forms, and some firms, organizations, and institutions are more vulnerable than others. Not-for-profits can be some of the most susceptible organizations, as they are often not implementing fraud...