Author: Courtney Healy

For nonprofits, Form 990 reporting comes down to one key question: did the donor receive something of value? That answer determines whether it’s a fundraising event or a contribution. Learn more in our latest blog.

For nonprofits, Form 990 reporting isn’t just about totals. It’s about getting the specifics right. Donor-advised fund contributions require careful donor identification and proper placement.

Donor-advised funds are becoming a larger part of nonprofit funding, but the accounting behind them isn’t always straightforward. Getting these details right supports accurate reporting and stronger internal controls.

The Internal Revenue Service announced a major expansion of its Business Tax Account, making the online self-service platform available to partnerships, federal, state, and local governments, Indian tribal governments, and tax-exempt organizations.