Tax, Legal & Compliance

CARES Act: Information for Nonprofits
April 28, 2020 at 10:39 am

The Coronavirus Aid, Relief, and Economic Security Act contains significant tax relief benefits for nonprofit organizations.

Overcoming the Nonprofit Revenue Challenge
August 13, 2019 at 12:09 pm

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.

The Charitable Deduction Odyssey
July 19, 2019 at 12:28 pm

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...

Get Ahead of the Tax Curve with These Tips to File Your Form 990
June 11, 2019 at 1:00 pm

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...

Freedom of Speech: How It Affects Charitable Giving
January 3, 2019 at 12:14 pm

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...