S E R V I C E S

NONPROFIT

Nonprofits have unique reporting requirements and tax/accounting issues. The BSB Nonprofit team helps keep you in compliance so you can focus on serving your greater mission.

Not only does our Nonprofit team specialize in providing professional accounting services to Nonprofits, but we are also personally involved in serving and supporting organizations throughout the Fairfax area.

Visit our About Us page to see our team in action!

Leadership

BSB Performs Independent Audits For
  • Professional, trade and membership organizations
  • Charitable, civic, and community organizations
  • Foundations (public and private)
  • Educational institutions
  • Research and scientific organizations
  • Cultural and fine arts organizations
  • Religious organizations
Services
  • Assurance
  • Financial Statement Preparation
  • Tax Compliance & Planning
  • Accounting & Advisory
  • Consulting
The Virginia State Flag and the US Flag flying together

Latest Tax Changes from Virginia Department of Taxation’s September Special Session

| TAX | No Comments
The Virginia Department of Taxation recently released their updated 2023 Legislative Summary, which details the state and local tax legislation enacted during the 2023 Special Session held on September 6,…

Virginia Switches to Rolling Conformity Beginning With Tax Year 2023

| TAX | No Comments
On April 12, following a special one-day reconvene session of the Virginia General Assembly, Gov. Glenn Youngkin signed S.B. 1405 to change Virginia’s method of conformity with the Internal Revenue…

Six Important Financial and Compliance Considerations for For-Profit Federal Grant Recipients

| GOVERNMENT CONTRACTING | No Comments
The federal government recently passed the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), setting the stage for historic investments in infrastructure and clean energy. As…

The Great Resignation, Talent Shortages, Inflation, Recession … Maybe Bonuses Can Help

| NONPROFIT | No Comments
It will come as no surprise that bonuses (includes all forms of variable pay for purposes of this discussion) are far more prevalent in the for-profit than the nonprofit sector. …