CPA services for nonprofits: a comparison of service and cost

Posted on Leave a commentPosted in Accounting, nonprofit

Nonprofit organizations in the United States are sometimes required to engage a Certified Public Accountant (CPA) to prepare financial statements for presentation to state regulators and to the public. The specific requirement varies by state and depends primarily on the size of the nonprofit organization. Three levels of financial statement services offered by CPAs: Audits, […]

Limitations on free tax preparation for 2016 returns

Posted on Leave a commentPosted in Accounting, Affordable Care Act, Employee Benefits, Health Insurance, immigration, nonprofit, Taxes

Each tax season I am pleased to prepare some individual tax preparation services for n fee except the filing fee. My online filing service provider’s fee is $20 per return so the tax filer must cover this cost. My offer is usually made to a small number of middle income neighbors as a way to promote my […]

Save your nonprofit now!

Posted on Leave a commentPosted in nonprofit, Taxes

I learned a simple but extremely valuable lesson yesterday that will be useful for managing nonprofit businesses, thanks to NJCPA nonprofit conference and presenter Robert Lyons, CPA. Many nonprofit organizations experience “mission creep” over time. That’s not a bad thing. Usually it is in response to changing real world conditions. It simply means that the […]