If you receive payments through services such as Venmo or PayPal, be aware that there are new tax reporting requirements beginning this year.
Read MoreIt’s no secret that this is a job applicant’s market. So if your nonprofit is trying to find staffers, you may need to put extra effort into recruiting. We offer some tips.
Read MoreDo you need to file a gift tax return this year? It depends on the type of gifts you made.
Read MoreTraditional or Roth IRA? Here are the differences in these retirement savings accounts.
Read MoreEntrepreneurs be aware: Not all start-up expenses can be deducted on your federal tax return right away. Some may have to be amortized over time.
Read MoreHelp speed processing and avoid hassles this tax season with these tips.
Read MoreIs now a good time for your nonprofit to launch a capital campaign? For starters, you’ll need supportive stakeholders and strong leadership. Here are some other essentials for a successful campaign.
Read MoreAppointing the right trust protector is critical. Given the power he or she has over your family’s wealth, you’ll want to choose someone whom you trust and who’s qualified to make financial decisions.
Read MoreA careful approach to keeping business records can protect your tax deductions and help make an IRS audit much less difficult. Here are two cases to illustrate some of the issues involved.
Read MoreWant to get your tax return sooner and protect yourself from tax identity theft? File your tax return early
Read MoreHow much can your employees contribute to 401(k) plans this year? How much will your business be able to deduct for business meals, driving expenses and equipment in 2022? Here are the answers to these and other questions about tax inflation adjusted amounts and other changes affecting businesses.
Read MoreSmaller nonprofit boards generally communicate more effectively and are more cohesive. Larger boards tend to have broader expertise. So how big (or small) should your organization’s board be?
Read MoreMost nonprofits prefer unrestricted gifts, but you probably don’t want to say “no” to donations that come with a few strings. Just make sure you handle restricted gifts with care. Here’s how.
Read MoreOne of your new year’s resolutions may be to take better care of your health. But can you deduct your out-of-pocket medical costs on your tax return?
Read MoreCharitable giving is picking up and there are other signs that suggest 2022 will be less challenging for nonprofits. But to help ensure your nonprofit can overcome obstacles, consider taking these three financial steps.
Read MoreCan a charitable remainder trust achieve similar results as the formerly available “stretch” IRA?
Read MoreIt’s easy to see why small charitable projects seek fiscal sponsorships, but your established nonprofit may also benefit from sponsoring a group. Learn more about fiscal sponsorships.
Read MoreA divorce is a life event that calls for an estate plan review and possible revisions.
Read MoreIf 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.
Read MoreManager 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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