It’s the new year and our donors will start to gather the necessary materials to prepare their income tax returns. It’s also a good time to be certain we have … [Read more...]
Temporarily Suspending Operations
Can a nonprofit hibernate? One of our smaller nonprofit members recently asked me that question. The organization had formed to raise funds to build and … [Read more...]
Gifts of Stock
A donor is interested in making a gift of stock to our nonprofit, but we don't have a brokerage account. How can we accept the gift? You may be tempted to … [Read more...]
Beginner’s Tips for Nonprofit Budgeting
Creating the first budget for your new nonprofit? Or are you a new board treasurer and inherited a budget or budget process that really needs … [Read more...]
Do You Owe Sales Tax?
As a nonprofit organization you may qualify for exemption from paying both federal and state income tax, but sales tax is a different matter. With some … [Read more...]
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