New Nonprofit Reporting Guideline Protects Donor Privacy
In a move to protect donor privacy and ease reporting burdens, the Treasury Department and the IRS announced on July 16 that certain nonprofit organizations no longer have to report [...]
Value of a Volunteer 2017
We all know the importance of volunteers. But can we put a number on the value of a volunteer? The answer is yes—and that number is a big one. According [...]
Save Time and Money by Outsourcing Your Accounting
When you started your nonprofit organization, it probably wasn’t because you wanted to keep track of your payroll, expenses and other financial considerations. It was because you had a dream [...]
The IRS Form 990: It’s Not Just for Taxes Anymore!
Your IRS Form 990 is critical in demonstrating compliance with IRS regulations and informs the public about your programs, expenditures, and compensation. But the information it contains can also be [...]
Form 990 Article Series 05: Unrelated Business Income: What is it and how do I identify it?
This is the fifth article in a nine-part series. Read our first 4 articles: Nonprofit Compliance Checklist, How to Review the Form 990, Nonprofit Lobbying, and Private Foundation vs. Public [...]
Procurement Standards Changes: What You Need to Know
In December of 2013, the United States Office of Management and Budget (OMB) issued comprehensive grant reform rules titled “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” [...]