When you buy your PC at a big-box or office supplies store, you generally get one with a single hard disk. In many cases, that’s fine, especially given the huge capacities that are now available. But there are advantages to
If you offer gifts or money to qualified organizations eligible to receive tax-deductible charitable contributions, you must do two things: Here are six things you should remember about donations and written acknowledgments: Of course, you also have to make sure
On the IRS’ annual list of scams that are on the rise, the “Dirty Dozen,” one especially odious item stands out: fake charities. According to the organization, bad actors will approach you for contributions using the phone, mail, email or
Charitable nonprofit organizations generally aren’t required to conduct independent audits. Certain circumstance, however, could trigger an independent audit. Many groups, such as the following, rate nonprofits and offer guidelines on when audits should be obtained: These groups are not regulating
The leaves are changing color, the mornings are cooler, and the air has a crisp feel—fall is upon us. As the season of giving begins, nonprofits are faced with both opportunities and challenges in their fundraising efforts over the upcoming
Charitable contributions are deductible, says the IRS, only if you itemize deductions. And further, they are deductible only if you make contributions to qualified charitable organizations. The tax agency reminds us that contributions to individuals are never deductible. Even if
Both company owners and their employees find it hard to believe there’s no federal law requiring a business to provide paid holidays, vacation, or sick leave. Although some state laws may apply, the modern workforce has come to expect an
You want to demonstrate your commitment to financial transparency. By publishing an independent audit report on your nonprofit website and providing the report to anyone who requests it, you’ll be assuring your donors and the public that your financial practices
We understand the importance of giving back to the community we serve. That’s why we are deeply committed to supporting local charities and organizations through both donations and volunteer work. Our team actively participates in numerous volunteer and fundraising events
Have you ever given a payroll advance to an employee? Employee advances are something that many employers give quite regularly. It can be easy to see why – many workers live paycheck to paycheck. To sooth their cash-flow woes, many