Tax, Legal & Compliance
In this webinar, industry leaders will discuss what fleet management is, why your nonprofit should be concerned with it and much more.
The CARES Act is a federal stimulus to help support the U.S. economy while the country is in lockdown.
The Coronavirus Aid, Relief, and Economic Security Act contains significant tax relief benefits for nonprofit organizations.
For years, the staff at some nonprofits have worked many hours of overtime without pay.
Are you responsible for the accounting books at your nonprofit organization? If so, you may have many questions this time of year.
Over the past year, when accounting consultants and analysts introduced the revenue recognition model outlined in the Financial Accounting Standards Board’s Accounting Standards Codification 606, most nonprofit leaders’ responses were, “What’s that going to do for our bottom line?”
Nonprofit revenue is one of the toughest challenges for organizations. If you’ve worked at a nonprofit, then you’ve participated in one of the continual discussions to come up with something creative.
Individual income tax deduction for charitable giving provides a substantial incentive to give by reducing the economic cost of donating. In 2018, charitable giving by individuals was estimated to reach $299 billion at an annual revenue loss of around $44 billion...
The majority of nonprofits must fill out a form 990 annually to maintain a tax-exempt status and remain compliant with state and federal regulations. While there are some select organizations that are not required to fill out these forms, the vast majority must do so as it’s their legal obligation...
Recently, the U.S. elevated its latest Supreme Court justice to the highest court in the land. While there has been a lot of debate about the rightward tilt of the Supreme Court and what that will mean for many aspects of our society, there is also a lot at stake for nonprofits and charitable giving...