not for profit

Protect Your Exempt Status in Election 2020

November 26, 2019

Nonprofits that are tax-exempt as 501(c)(3) organizations, including charities and churches, are barred from participating or intervening in any political campaign for or against a candidate for publ..

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Writing Donation Acknowledgment Letters

November 26, 2019

Sending thank-yous to your donors doesn’t just make sense in terms of building and maintaining relationships. The IRS mandates that taxpayers substantiate single contributions of $250 or more with ..

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Collective Impact Initiatives Rely on Harmony

November 26, 2019

Collective impact, an approach that’s growing among nonprofits, is more than just collaboration. Its originators describe the phrase as the commitment of a group of important players from different..

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South Dakota v. Wayfair, Inc: What This Sales Tax Case Means for Nonprofits

November 26, 2019

A landmark ruling by the U.S. Supreme Court in 2018 dramatically expanded the ability of states to impose sales tax collection obligations on out-of-state organizations that sell goods and services w..

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Multiple Income Streams: The Key to Sustainability

October 30, 2019

When the so-called Great Recession hit the nation over a decade ago, many nonprofits found themselves struggling to stay afloat financially. Not all of them survived. It’s only a matter of time un..

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Mandatory Tax E-Filings are Right Around the Corner

October 30, 2019

Under the newly enacted Taxpayer First Act, all nonprofits will soon need to file their returns electronically. Depending on the size of your organization, the requirement could take effect as soon a..

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