Differences between a Public Charity and Private Foundation
Are you thinking of starting a nonprofit? Before you do, consider the Internal Revenue Service code, 501(c)(3), which governs nonprofit […]
Unrelated Business Income for Nonprofits
The tax codes surrounding non-profits can be difficult to understand. As a tax exempt organization, you’re just exempt from paying
Addressing Outstanding Audit Issues
Correcting the mistakes or changing policies will improve financial reporting, operational efficiency, and result in a smoother audit. Failure to
When a Nonprofit has Profit – How to use Surplus Cash
Balancing the budget for a nonprofit organization can be a difficult task especially since many are under the belief that
Nonprofit Guidelines for Keeping Accurate Fundraising Records
As nonprofit organizations recover from the rush of giving around the holiday season, many are left wondering how to appropriately
California Tax Exemptions for Nonprofits
Many people assume that all nonprofit organizations are automatically exempted from all sales and use taxes. This is not necessarily
Get a head start on your 2016 Taxes
If you operate a business that is formed as a partnership or S-corp, March 15 the deadline for filing your
Nonprofit Audit or Financial Review – Which is Right for your NPO?
One of the most common inquiries from nonprofit leaders is whether their organization is required to submit to an audit
The Nonprofit Board Member: Understand Your Responsibilities
Every corporation is required to have directors and officers. This includes public benefit corporations. Your nomination to the role of
Why a Cost Allocation Plan is Important for Nonprofits
Developing a cost allocation plan for a nonprofit organization can be a tricky process. Understanding how a cost allocation plan