Category: Newsletters

Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they'll get to "someday." But that's Read More

Not-for-profit organizations that file IRS Form 990 must indicate the number of independent voting members or directors of the governing body. (This is entered on Parts 1 and VI.) The IRS is not the only Read More

They say "No Pain, No Gain," and the expression applies to the life cycle of not-for-profit organizations, as well as athletes who hit the gym, tennis court or golf course on weekends. The point when Read More

Are you withholding enough money from your regular paychecks? The Tax Cuts and Jobs Act (TCJA) has made several significant changes to the tax rules for individuals for 2018 through 2025. As a result, many Read More

The Tax Cuts and Jobs Act makes sweeping changes. Here's a quick reference guide to the major changes under the new law to help you understand what's changing. In general, these changes are effective for tax Read More

What’s a PEO? A PEO is a professional employer organization that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk/safety management, and training and Read More

Many business ventures generate tax losses, especially in the first few years of operation or under adverse conditions. When can a pass-through loss be deducted — and how much can you deduct in any given Read More

Are you a record keeping pack rat? Many individuals and businesses hold onto paper and digital records indefinitely — just in case. But securely storing years of financial records can become burdensome. Here's some guidance to Read More

The Roth IRA remains an attractive retirement planning vehicle for many individuals after the changes made by the Tax Cuts and Jobs Act (TCJA). Here's what you need to know about a Roth IRA and Roth Read More

Attracting funding organizations and large individual contributors to donate money to your not-for-profit organization is a little like finding a spouse — you want to create the best impression during the courtship in the hope Read More