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…

Understanding Unrelated Business Income

The Internal Revenue Code (IRC) Section 501 grants tax-exempt…

Nonprofit Donations: Common Challenges with Restricted Contributions

Updated February 2024  When a donor specifies their gift…