Reporting Pass-Through Contributions as a Nonprofit Organization
Pass-through contributions are donations made to a nonprofit…
The Rules of Unclaimed Property – Interpreting Escheat Laws
If your organization issued a payment via check, but the recipient…
Tax-Related Forms for Independent Contractors – 2023 Updates
Businesses often hire freelance workers, gig workers, independent…
Scenario Planning to Protect Your Financial Future
In today’s fast-changing world, financial scenario planning…
The Expanding Role of the CFO
The role of the Chief Finance Officer (CFO) is not what it used…
Understanding Unrelated Business Income
The Internal Revenue Code (IRC) Section 501 grants tax-exempt…
Benefits of Automation and SST’s Recommended Platforms
For-profits and nonprofits alike have witnessed a shift in the…
Determining the Right Form 990 For Your Organization
Most organizations believe that once they receive their exempted…
The Importance of Budgets and How to Simplify the Budget Process
The budget process can be overwhelming but starting early and…
Defining Related Party Transactions
As part of our audits, we are required to ask about and disclose…