Category: Non-Profit

outsourced accounting

Learn how outsourcing your accounting with a CPA firm can help you save time, prepare for audits, manage cash flow, and develop the confidence and capabilities to grow your organization.

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Reporting Expenses

For the past few years, the IRS has required nonprofits to report expenses in two ways: naturally and functionally. We compare these two categories, explain how to allocate costs, and hopefully make filing your next 990 a little easier.

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Volunteer Labor

If an organization misclassifies an individual as a volunteer, they can face back taxes and hefty penalties. Here are some helpful tips for staying on the right side of labor and tax laws.

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tax exempt status

To stay tax-exempt, 501(c)(3) organizations must pass two annual exams: the Organizational and Operational Tests. Let’s talk about what these tests are, why some nonprofits fail them, and how you can ensure your organization passes.

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