Because of an acute labor shortage and budget deficits related to the pandemic, many nonprofits have operated without a sufficient number of workers during 2022. The nonprofits that struggled with hiring workers began recruiting independent contractors to fulfill employment needs for short-term or … Read More
Requests to return donations do not happen often, but every once in a while, your nonprofit might receive a request to return either a cash donation or the donation of an asset. How do you respond to such a request? Does the law require you to comply with a request to return a donation? What if an … Read More
Savvy non-profit executives delegate responsibilities to allow them to focus on more important leadership issues. Should the delegation of responsibilities include allowing certain employees to make purchases by using a credit card owned by the nonprofit? The answer is yes, if your nonprofit has … Read More
Before the COVID-19 outbreak, nonprofits of all sizes had plenty of flexibility when it came to choosing which causes and charities to sponsor. However, the beginning of the pandemic forced many nonprofits to ramp up operations quickly under the mandates enacted because of the “new normal.” For … Read More
As a long-time dedicated board member of her city’s most recognized social-services charity, Emily violated an IRS rule that prohibits excess benefit transactions. The social-services charity wanted to purchase land from Emily at a price that was valued higher than nearby properties. Although Emily … Read More
After conducting a California nonprofit audit, you learn your organization is in a strong financial position to consider broadening its reach internationally. Charitable organizations help nations improve society, from housing the homeless to finding new ways to use sustainable products. Although … Read More
If your nonprofit is a 501(c)(6) organization, your associations could threaten your tax-exempt status if they aren’t prioritizing common interests of the organization. California nonprofit audit and tax service providers urge you to ensure compliance with IRS rules by routinely reviewing your … Read More
Artificial Intelligence isn’t only about computers performing complex tasks without human input. The AI umbrella covers multiple technologies, including machine learning, natural language processing, and robotic process automation. These tools—and others like them—help all sorts of organizations, … Read More
Providers of California nonprofit audit and tax services recommend you reimburse employees and staffers for work-related expenses. Accountable plans are one such tool you can use to reimburse expenses free of federal income and employment taxes. Accountable plan payments also aren’t subject to … Read More
When your California nonprofit started up, your fundraising likely started as an ad hoc process, with intense campaigns followed by slow periods. As your nonprofit grows its operations and adds staff, support and volunteers, you’ll feel an increasing need to make your fundraising ongoing. However, … Read More