QuickBooks for Nonprofits
It is vital for nonprofits to track donations and grants in an organized manner for tax and accounting purposes. Click here to learn more about accounting software options and benefits.
The Do’s and Don’ts of Nonprofit Expense Reimbursement
It is necessary that a nonprofit goes about the expense reimbursement process in a way that adheres to IRS guidelines. Learn more about the do’s and don’ts.
Tips for Resuming In-Person Fundraisers
We know the importance of continuing fundraising efforts in a safe manner. Click for some tips to consider before hosting an in-person fundraising event.
Does Your Nonprofit Need a Gift-Acceptance Policy?
It may be time for your nonprofit to implement a gift acceptance policy to outline the types of gifts received, as well as those to politely decline. Click for more details.
Secure Act
Congress passed the SECURE Act on December 19, 2019. Most provisions were effective as of 2021. Click above to learn more about the new participation requirements and rules for 401k plans.
Sales and Use Tax Refunds
A nonprofit organization can file for refunds of sales and use tax paid on direct purchases of tangible personal property for use in carrying on their nonprofit work twice a year. Click above to learn more.
Best Practices for Internal Reports
A nonprofit organization should provide internal financial reports to the board of directors and other governance committees periodically. Click above to learn more about best practices for internal reports.
Joint Fundraisers: What to Consider
Joint fundraisers can be beneficial in many ways for both organizations, but there are a few things your organization should consider before agreeing to a joint fundraiser. Click above to read more.
IRS Resources for Nonprofits
The Internal Revenue Service (IRS) has valuable guidance and resources available for nonprofit organizations. Click above to find out more.
Paid Sick and Family Leave Tax Credits Modified and Extended
As part of the COVID-Related Tax Relief Act of 2020 (the Act) signed into law on December 27, 2020, the tax credits for paid sick and family leave have been modified and extended. Click here to learn more.