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4 Ways to (Not) Lose Your Nonprofit’s Tax Exempt Status
So you’ve secured your nonprofit’s tax-exempt status. Congratulations! Now that you’re done, it can be tempting to coast. However, a quick glance through Google News shows 5 articles about organizations that may be losing their tax-exempt status. The NFL and the YMCA two of the high-profile cases. So, how do you keep you tax-exempt status … Continue reading 4 Ways to (Not) Lose Your Nonprofit’s Tax Exempt Status
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How to Claim and Protect Your Tax Exempt Status
Employees in nonprofit organizations wear many hats. Directors end up managing budgets and program managers end up managing marketing campaigns. There are limited available resources, and everyone has to be ready to step up to the plate. With help, most employees can piece together a marketing campaign or a new budget without significant negative consequences. … Continue reading How to Claim and Protect Your Tax Exempt Status
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4 Tax Tips for Small Businesses
Small Business Taxes From January to April, countless organizations and individuals scramble to prepare documents for tax season. For the majority of the year, most businesses focus on new products, sales, and customers. Little attention is given to accounting best practices. If you feel like you’re in this boat, don’t worry – you’re not alone. This … Continue reading 4 Tax Tips for Small Businesses
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2014 Tax Preparation and Beyond
Accounting can be hard for small business owners, non-profits, and other small organizations. In fact, in 2014, a GoDaddy survey of 500+ small businesses reported that 40% of small business owners found accounting work to be the most unpleasant part of business ownership. The survey also shows that 46% of small business owners do not … Continue reading 2014 Tax Preparation and Beyond
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Why BPO is the Logical Choice for Your Business
An article in the March 2014 issue of Forbes magazine reported on an ongoing series of C-suite studies conducted by IBM about the top concerns of CFOs. The study noted that CFOs are dubious about how well their own finance teams fulfill their duties. Young professionals educated in audit, tax and compliance often have little … Continue reading Why BPO is the Logical Choice for Your Business
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