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Maximize your year-end giving with gifts that offer tax benefits
As the end of the year approaches, many people start to think about their finances and tax strategies. One effective way to reduce potential estate

Outsourcing HR tasks can help understaffed, overworked nonprofits
At one time, not-for-profit HR departments might have been responsible primarily for recruiting and hiring and occasionally for intervening in disciplinary matters. Today, HR generally

Tax tips when buying the assets of a business
If you’re buying a business, you want the best results possible after taxes. You can potentially structure the purchase in two ways: In this article, we’re

Update on retirement account required minimum distributions
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after

Why auditors monitor journal entries
What has your organization done to minimize the risk of financial misstatement? The median loss from these schemes is a whopping $766,000, according to a

When do valuable gifts to charity require an appraisal?
If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal.