A divorce is a life event that calls for an estate plan review and possible revisions.
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If you’re going to receive a personal injury or discrimination settlement or award, you want the best tax result possible. Here are the basic rules of when amounts are tax free or taxable.
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Manager involvement is essential to helping prevent credit card abuse. If you allow staffers to use your nonprofit’s card, make sure they understand how they’re authorized to use it. To craft a card use policy, read on.
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Ever wonder how much of a tax break you’d get if you bought a private plane for your business? Here are the basic rules.
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Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.
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To prevent excess benefit transactions (such as certain purchases from insiders) from occurring in your nonprofit, educate stakeholders. Here’s how to communicate the concept.
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The sun has set on the valuable Employee Retention Credit. Here’s what happened.
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Buried in the infrastructure law that was just enacted is a change in the way cryptocurrency transactions are reported to the IRS.
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Can estate planning benefits convince you to convert your traditional IRA to a Roth IRA?
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How prepared are your nonprofit and its staffers for an unexpected outpouring of support? Sudden interest could take down your website, or worse. We discuss how to be ready.
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Even with the gift and estate tax exemption amount reaching more than $12 million for 2022, making lifetime gifts continues to be a beneficial estate planning strategy.
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There are many reasons besides emergencies for nonprofits to consider taking out loans. We discuss them as well as where to look for funding and how to get approved.
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If you have a flexible spending account, you may want to schedule a trip to the dentist, buy new eyeglasses or have elective medical procedures performed. Here’s why.
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Allocating year-end tax planning time now can prove beneficial come tax filing time next year.
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Many mature nonprofits may emerge from the pandemic relatively unscathed. But getting back to “normal” probably means recognizing new challenges. These include the need to identify growth opportunities.
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If you’re concerned about your 2021 tax liability, consider these year-end tax planning strategies.
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Congress has passed the Infrastructure Investment and Jobs Act. Find out what tax-related provisions have been built into the new law.
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What do nonprofit board members need to make decisions? The right information. To ensure your board has what it requires, funnel the following financial and strategic material through your executive director.
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Feeling generous this year? Here are the basic rules for charitable contributions and gifts to loved ones.
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Regardless of your age, health or net worth, or of any trusts you may have, if you want to have a say in what happens to your minor children and all of your wealth after you’re gone, you need a will.
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