We all share responsibility for nonprofits
A bookkeeper for a small nonprofit asked for technical help with an accounting system task she was struggling with that was outdated, […]
Category: Nonprofit
Nonprofit financial governance FAILS
This weekend I took an informal look at the legal and financial filings of two nonprofit organizations that are associated with potential […]
How to prepare financial statements for a nonprofit board
If you are a bookkeeper for a nonprofit organization, the focus your job is to present information in a useful form to […]
Misunderstood Pennsylvania Charity Laws
In my observation, this remains one of the most misinterpreted parts of Pennsylvania charity law: PA Act 71, passed in 2017, effective […]
New nonprofit formations under scrutiny
The nonprofit formation process is under scrutiny. This week’s Kiplinger Tax Letter devoted attention to the topic. It referred to an unnamed […]
Start your own nonprofit business
I start more than a dozen new nonprofits of various types at the request of clients each year. It has become a […]
Confusion over tax return due dates
Here is the simple scoop you need to know: Partnerships and S-corporations are due March 15. The reason these are filed first […]
Should a small charity file 990N or 99EZ? It might depend on your goals
An accountant’s general rule is to provide as little information on a required filing as the law requires. But the opposite may […]
Reflecting on the 1099 filing season
IRS Form 1099 procedures are not overly complicated either in theory or in practice but are perhaps the most widely misunderstood topic […]
Best Practices for Setting up an Accounting System for a Charity or Other Nonprofit Organization
There is no single right way or wrong way to set up an accounting system for a nonprofit organization. Every method has […]