Reminders – What Items to Review Each Year
An annual review of key accounting, governance, and compliance items helps ensure accuracy, transparency, and continued tax-exempt status for nonprofit organizations. Click here to read more.
Tips for Preparing Business Personal Property Tax Listings
Any individual or business owning or possessing personal property used or connected with a business (or other income generating purpose) must file a business personal property tax listing annually. Read more.
Top Opportunities and Priorities for Nonprofits in 2026
In 2026. nonprofits will need to stay agile as they address areas like funding diversification, leadership transitions, and technology adoption. Read the full article to learn more.
Risks of Accepting Donations
As a nonprofit, donations are vitally important, both from a revenue standpoint and for nurturing donor relationships. But should you accept ALL donations extended to your nonprofit? Learn more.
Practical Tips for Nonprofits to Prepare for IRS Compliance Audits
Running a nonprofit organization comes with the responsibility of maintaining compliance with IRS rules and regulations. Read more for practical tips on how to prepare for an IRS compliance audit.
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.