Requirements and Steps to Drafting Bylaws
Nonprofit Bylaws are an important component to helping a nonprofit organization run smoothly, as they provide a guide for both employees and the Board of Directors. Learn more.
How to Attract Qualified Professionals for Your Board of Directors
Board Members are responsible for maintaining the integrity of an organization and finding the right board members is vital for the organization to effectively serve its purpose. Learn more.
Shareholder loans – What you need to know to avoid reclassification to equity
Loans are an integral part of most businesses. However, when loans are received from shareholders of the business, additional considerations must be made. Failing to do so can result in reclassifications that can prove costly when filing annual tax returns. Learn more.
Gambling and Taxes
The United States is currently experiencing a gambling boom. As gambling expands across the U.S. in the form of casinos, sports betting, fantasy sports leagues, lotteries and more, it’s important to understand the income tax implications of gambling winnings and losses. Find out more.
Vacation Home Rental Rules
If you own a second home that you are considering renting, you should understand the tax impacts. Click here to learn more.
Hobby or Business?
What started out as a hobby may be a business! Read this article for information to help determine if your hobby is really a business.
GBM LINKS Organizer
Ever wonder “What information does Gilliam Bell Moser need to complete my business’s tax return, and how will I get it to them?”? We have the answer! Our LINKS Organizer is the right tool for the job. Click above to learn more.
When Does it Pay to Outsource Your Bookkeeping?
Bookkeeping is an essential component of any company, including nonprofits. Is it better to have in-house bookkeeping, or to outsource? Read more about how to make this important decision.
How to Form a Nonprofit in North Carolina
There are several action items to complete to ensure you are following all laws and regulations to set up a nonprofit in the state of North Carolina. Read more about the steps you should follow.
Paycheck Protection Program Loan Forgiveness Updates
The SBA has continued to provide updated guidance based on new legislation and to address many of the questions and concerns Borrowers have as they move closer to applying for loan forgiveness. Click to learn more.