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Why Board Members Must Review and Understand Form 990
February 2, 2026 By Timothy R. Hughes, R. Douglas Taylor, Jr. | Business Insights
For many nonprofit organizations, the annual Form 990 is treated as a routine accounting exercise. It is prepared by staff or outside advisors, perhaps reviewed briefly (if at all), and hopefully filed to satisfy minimum IRS requirements. In practice, however, Form 990 functions as something far more consequential for nonprofits. It is a public-facing document that shapes how regulators, donors, journalists, and counterparties assess an organization’s governance, credibility, and overall financial health.
Read More...What is Worrying Our Nonprofit Clients – Part 1: Repetitive Risk Issues
We have spent an intense year helping our nonprofit clients through a wide variety of threats and risks. During that time, we have seen and heard many repetitive concerns and worries expressed across a wide variety of organizations. Rather than siloing this information, we wanted to start a conversation around sharing best practices and approaches to what appears to be a completely new universe for clients in the nonprofit space.
Read More...Paid Sick Leave Is Back on the Table: What Virginia’s New Proposal Would Change and Why It Matters
Paid sick leave legislation has reemerged in Richmond as a focal point of employment law reforms in Virginia that have been going on since 2020. Current proposed legislation would create paid sick leave obligations for employers that extend well beyond the narrow sector-specific mandate now in place, bringing Virginia closer to the employee paid sick leave benefits adopted in a growing number of other states.
Read More...FLSA Misclassification is a High‑Stakes Compliance Risk for Employers
For many businesses, classifying employees as “exempt” under the Fair Labor Standards Act (FLSA) can feel routine—almost administrative. Yet this single decision often carries with it significant legal and financial consequences. When an employee is treated as exempt from overtime but does not actually meet the FLSA’s strict exemption criteria, as discussed below, the misclassification can expose the employer to substantial liability. In recent years, federal and state agencies, as well as plaintiffs’ attorneys, have intensified their scrutiny of wage‑and‑hour practices, making misclassification one of the most common and costly compliance pitfalls for employers of all sizes.
Read More...Protecting Owners from Unlicensed Contractors
Selecting a contractor is one of the most consequential decisions an owner or developer makes during a construction project. Whether the work involves a residential renovation, a commercial tenant build-out, or a larger development effort, owners reasonably expect that contractors performing the work are properly licensed, insured, and qualified. Unfortunately, and despite the best intent from contractors, these safeguards often fail to exist.
Read More...Does the FMLA Cover Employee Travel Time for Medical Appointments?
Yes, usually, is the short answer set out in a new DOL opinion letter. An employee is permitted to use leave under the Family and Medical Leave Act (FMLA or Act) for work time spent in medical appointments either related to their serious medical condition or those of a qualifying family member. Such FMLA leave time extends, in many circumstances, to travel time to or from a medical appointment, even in situations where the employee has not provided the employer with a “medical certification” to support the need for travel-related leave. However, not all employee travel circumstances will result in covered leave under the FMLA. Exceptions are explained below.
Read More...Why Employers Often Choose to Settle FLSA Claims — Even When They Have Defenses
When employers are sued under the Fair Labor Standards Act (FLSA), the initial reaction is often to fight the claim on principle. Many employers believe they complied with the law, paid employees fairly, and did nothing wrong – and, in many cases, they may have valid legal defenses.
Read More...So You Received a DOL Wage & Hour Audit Notice – What’s Next?
Receiving a notice from the U.S. Department of Labor (DOL) Wage and Hour Division can be unsettling for any employer. While some audits are routine, others can quickly expand into broader investigations and, in some cases, lead to private lawsuits under the Fair Labor Standards Act (FLSA). How you respond in the early stages of a DOL wage and hour audit can significantly affect the ultimate outcome of the investigation.
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