News

The information on our News and Announcements page highlights news about our firm, upcoming events and news from the various industries we serve. Be sure to check out our industry alert and newsletter subscription options, follow us on LinkedIn and follow us on Twitter.

July 1, 2020

GRF Sponsors the 2020 EXCEL Award

For the 13th consecutive year, GRF is proud to sponsor the Excellence in Chief Executive Leadership (EXCEL) Award, hosted by the Center for Nonprofit Advancement. The award recognizes outstanding chief executives among the nonprofits in our region. The competition focuses on achievement in innovation, motivation, community building, ethical integrity, and strategic leadership. The EXCEL Award…

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June 23, 2020

Williams Assumes New Board Positions

Trevor W. Williams, CPA has been elected to the Greater Washington Society of CPAs (GWSCPA) Board of Governors for the fiscal year beginning July 1. Mr. Williams was also recently re-appointed to the FAR Board of Directors for the 2020-2021 fiscal year and will assume the position of Treasurer.

June 17, 2020

Alison Albrecht Appointed to Nonprofit Village Board of Directors

GRF CPAs & Advisors (GRF) Audit Supervisor Alison Albrecht, CPA has been appointed to the Board of Directors for Nonprofit Village. Ms. Albrecht joined GRF in 2013 and works with US-based and international clients performing field audits in Africa and Europe. Her expertise includes audits that comply with the requirements of Title 2 U.S. Code…

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April 20, 2020

GRF’s Richard Locastro Quoted in Tax Notes regarding OMB’s Second Review of UBTI Guidance

On April 16, GRF’s Director of Nonprofit Tax, Richard J. Locastro, CPA, JD was quoted in Tax Notes about Office of Management and Budget’s (OMB) second review of proposed guidance from IRS and the Treasury Department on calculating the unrelated business taxable income (UBTI) of tax-exempt organizations. He cited the interaction of the Coronavirus Aid,…

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April 2, 2020

GRF Partner Elinor Litwack, CPA Quoted in Accounting Today

Partner Elinor Litwack offered advice on limiting distractions while working from home during the COVID-19 crisis in the Accounting Today article, Generational Viewpoints: Top tips for working from home. “Don’t sweat the background noise — we are all humans. If you are in a meeting and the phone rings, dog barks, or toddler yelps out,…

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March 19, 2020

President Trump Signs Coronavirus Relief Package into Law Extending Paid Leave Benefits

On Wednesday night, President Trump signed the much-anticipated Coronavirus Relief Package (Families First Coronavirus Response Act) (the ACT) which provides important implications for both workers and employers. Paid Sick Leave Among the provisions included in the new law, private employers with less than 500 employees must provide up to two weeks of paid sick leave….

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March 18, 2020

Treasury Delays April 15 Payment Deadline and Allows Deferral of Some Tax Liability

Our offices are currently closed to protect the health and wellbeing of GRF’s employees, clients and other visitors. Employees will be working remotely during the public health emergency and are available to help clients during this difficult time. Please call 301-951-9090 or email questions@grfcpa.com for questions and assistance.   In an effort to provide relief…

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March 12, 2020

GRF CPAs & Advisors Named Top Regional Leader and Firm to Watch by Accounting Today

Accounting Today released its annual ranking of leading national and local accounting firms this week. GRF CPAs & Advisors (GRF) reported a strong 2019, earning the firm recognition as one of the Top Firms in the Capital Region for 2020 and a 2020 Firm to Watch. The report includes industry data and analysis as well…

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March 12, 2020

GRF to Continue Business Operations Amid COVID-19 Pandemic

With the continued spread of novel coronavirus (COVID-19), GRF CPAs & Advisors (GRF) is prepared with contingency plans that put the health and well-being of our employees, clients, colleagues and vendors first. GRF has invested in the latest technology and implemented policies and procedures for remote work that will allow the firm to provide excellent…

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February 10, 2020

GRF celebrates strategic partnership with the NC State ERM Initiative

The collaboration will host Enterprise Risk Management (ERM) for Nonprofits Workshops in 2020

Visit our COVID-19 Response page for the latest news and resources.