What to Do if Your NFP Hears From the IRS Apr 10, 2023Despite recent accusations that the IRS targets certain types of tax-exempt... read more
Is Your NFP Auction Following the IRS Rules? Mar 17, 2023Whether your not-for-profit is holding an in-person or online auction to raise funds,... read more
Be Wary of ERC Claims from Third Parties Jan 13, 2023The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that... read more
The IRS Increases Drivers’ Mileage Deduction Jun 14, 2022Usually, the IRS updates mileage deduction rates annually, but with the recent spikes in... read more
The Key to Tax Deductions and Painless IRS Audits Feb 3, 2022If you operate a business, or you’re starting a new one, you know you need to keep... read more
Not-for-Profit Restructuring – What are the Challenges? Oct 15, 2021A few years ago, IRS Revenue Procedure 2018-15 changed the rules regarding... read more
Prioritizing Common Interests, Not Individual Services Sep 23, 2021Watch out, not-for-profit trade associations! If your group is a 501(c)(6) organization,... read more
How Accountable Plans Help Your NFP Staff Sep 8, 2021Accountable plans reimburse employees for work-related expenses free of federal income... read more
IRS Audits may be Increasing, so be Prepared Jul 6, 2021The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers... read more
What Parents can Expect from American Rescue Plan Act May 26, 2021Eligible parents will soon begin receiving payments from the federal government. The IRS... read more