We get it — “audit” doesn’t exactly spark joy. But for nonprofits, an audit can be a powerful tool for building trust, securing funding, and preparing for the future.

Erica Stupfel 10/30/25 Erica Stupfel 10/30/25

FASB Update Simplifies Credit Loss Calculations for Receivables

In July 2025, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2025-05, which tweaks how businesses estimate credit losses on short-term accounts receivable and contract assets.

Erica Stupfel 8/11/25 Erica Stupfel 8/11/25

What to expect with the new tax bill

You may have heard about the new tax U.S. tax law that is now in effect. The One Big Beautiful Bill ACT (OBBA) was signed into law on July 4, 2025, and includes sweeping changes to individual and business taxes.

Erica Stupfel 7/21/25 Erica Stupfel 7/21/25

ABC of Western WA - Championing Merit Shop Values

At Bilotta & Company, CPAs, LLC, we proudly support the work of industry organizations that champion fairness, opportunity, and free enterprise.

Erica Stupfel 6/2/25 Erica Stupfel 6/2/25

In the news: new Washington State tax laws

On May 20, Washington State Governor Bob Ferguson signed several bills into law that impact state taxes.

Erica Stupfel 5/1/25 Erica Stupfel 5/1/25

Avoiding Audit Pains: The Best Cures for Nonprofits

For nonprofits with a June 30 fiscal year-end, the spring season presents a golden opportunity—not just for fundraising galas and grant writing—but for laying the groundwork for a smooth and stress-free financial statement audit.

Erica Stupfel 3/13/25 Erica Stupfel 3/13/25

401(k) Plan Audit Prep - Best Practices

As a 401(k) plan sponsor, ensuring your plan is compliant with ERISA (Employee Retirement Income Security Act) requirements is essential to safeguarding your employees' retirement benefits and minimizing risks to your business.