Posts (107) March 17, 2022 Did You Make A Charitable Contribution In 2021? If you’re deducting a charitable contribution on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t yet received a letter for a charitable donation you made in 2021? Here are the rules. Read More February 23, 2023 Passing The Public Support Test Is your nonprofit a publicly supported charity? Are you sure? Two IRS public support tests can help you determine, and prove, your status. Learn more about them. Read More November 5, 2018 Donate Appreciated Stock For Twice The Tax Benefits For certain charitably inclined taxpayers, donating appreciated stock to charity can be an excellent year-end tax planning strategy. This may be especially true if the stock is highly appreciated and you’d like to sell it but are worried about the tax liability. Read More January 9, 2023 Run The Numbers Before Donating Appreciated Assets If you’re considering donating appreciated assets to charity, your adjusted gross income may come into play. Read More February 15, 2023 Why You Should Connect With Giving Circles Giving circles sometimes are confused with crowdsourcing. But these groups of donors tend to be smaller, more focused and more likely to take an active role in supporting charities. Learn more. Read More June 29, 2023 Putting The “Public” Back In Your Nonprofit’s PR Efforts For a public charity, good PR means regularly utilizing the media to share achievements, hurdles and possibilities with potential supporters. Read More April 4, 2024 Don’t Be Surprised By A Sudden Influx Of Support Disaster-relief charities have long contended with sudden influxes of attention and donations. But any nonprofit could face this “problem.” Be sure to prepare for logistical and other challenges. Read More August 28, 2018 Make A Licensing Agreement Work For Your Nonprofit When licensing agreements work, both charities and companies win. But to help ensure an arrangement doesn’t cause PR and other problems, you’ll need to perform due diligence before signing an agreement. Read More July 11, 2018 What You Can Deduct When Volunteering Assuming a charity is qualified, you may be able to deduct some of the out-of-pocket costs you incur when volunteering for the organization. But the rules are complex. Read More December 21, 2022 Game on! Make Sure Your Nonprofit Follows Tax Rules Holding a charity poker tournament or even a bingo night takes careful planning. When it comes to gaming, you need to follow certain tax and reporting rules. Learn how. Read More July 22, 2019 The SECURE Act It’s no secret that Americans are not saving enough for retirement. The U.S. Government Accountability Office (GAO) recently reported that 48 percent of households aged 55 and over have no retirement savings. Read More July 22, 2019 Why Do Companies Restate Financial Results? Lenders and investors count on the accuracy of your company’s financial statements, so a restatement may raise a red flag. But the reasons for restatements can range from the mundane to the serious. Read More Load more Page 2 of 12«12345...10...»Last »
March 17, 2022 Did You Make A Charitable Contribution In 2021? If you’re deducting a charitable contribution on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t yet received a letter for a charitable donation you made in 2021? Here are the rules. Read More
February 23, 2023 Passing The Public Support Test Is your nonprofit a publicly supported charity? Are you sure? Two IRS public support tests can help you determine, and prove, your status. Learn more about them. Read More
November 5, 2018 Donate Appreciated Stock For Twice The Tax Benefits For certain charitably inclined taxpayers, donating appreciated stock to charity can be an excellent year-end tax planning strategy. This may be especially true if the stock is highly appreciated and you’d like to sell it but are worried about the tax liability. Read More
January 9, 2023 Run The Numbers Before Donating Appreciated Assets If you’re considering donating appreciated assets to charity, your adjusted gross income may come into play. Read More
February 15, 2023 Why You Should Connect With Giving Circles Giving circles sometimes are confused with crowdsourcing. But these groups of donors tend to be smaller, more focused and more likely to take an active role in supporting charities. Learn more. Read More
June 29, 2023 Putting The “Public” Back In Your Nonprofit’s PR Efforts For a public charity, good PR means regularly utilizing the media to share achievements, hurdles and possibilities with potential supporters. Read More
April 4, 2024 Don’t Be Surprised By A Sudden Influx Of Support Disaster-relief charities have long contended with sudden influxes of attention and donations. But any nonprofit could face this “problem.” Be sure to prepare for logistical and other challenges. Read More
August 28, 2018 Make A Licensing Agreement Work For Your Nonprofit When licensing agreements work, both charities and companies win. But to help ensure an arrangement doesn’t cause PR and other problems, you’ll need to perform due diligence before signing an agreement. Read More
July 11, 2018 What You Can Deduct When Volunteering Assuming a charity is qualified, you may be able to deduct some of the out-of-pocket costs you incur when volunteering for the organization. But the rules are complex. Read More
December 21, 2022 Game on! Make Sure Your Nonprofit Follows Tax Rules Holding a charity poker tournament or even a bingo night takes careful planning. When it comes to gaming, you need to follow certain tax and reporting rules. Learn how. Read More
July 22, 2019 The SECURE Act It’s no secret that Americans are not saving enough for retirement. The U.S. Government Accountability Office (GAO) recently reported that 48 percent of households aged 55 and over have no retirement savings. Read More
July 22, 2019 Why Do Companies Restate Financial Results? Lenders and investors count on the accuracy of your company’s financial statements, so a restatement may raise a red flag. But the reasons for restatements can range from the mundane to the serious. Read More