What Services Does a Virtual Accountant Offer?
What is a virtual accountant? How might they help your company? In our article about virtual accounting, we break down the typical issues businesses face and how virtual accountants can help:
Accountable to a higher power: How church accounting services can transform your ministry
As religious institutions, churches have unique needs when it comes to reporting their finances. Wondering whether to hire an in-house accountant or to outsource? Check out our article on the many considerations churches face
Best Apps for Donation Management in 2021
What makes a good donation management software system for nonprofits? This article will discuss the distinct functions and features your nonprofit should be looking for when selecting a donor management software.
Avoid losing your NFP tax-exempt status
Once your nonprofit organization gets approved by the IRS for a tax exemption, you must maintain tax exemption. You must know what actions or activities could jeopardize your tax-exempt status.
How to Conduct a Mid-Year Tax Check In
Do you need to reduce costs and make sure you are on target for business goals? Want to get ahead on this year’s taxes? A midyear tax check in will help you accomplish all of these and more. Let’s see why.
Changes to NFP reporting of gifts-in-kind
There is a new emphasis and an upcoming required change in how your NFP financials will present and disclose gifts-in-kind. Accounting Standard ASU No. 2020-07 has mandated this change. It will be effective for annual periods beginning after June 15, 2021. This Accounting Standard improves transparency for gift-in-kind transactions by requiring the following:
Ready to Tell Your Story? 3 Tips for Impactful Storytelling to Attract and Retain Support for Your Nonprofit
As a nonprofit, it’s important to utilize stories so that donors and supporters feel connected to the mission and can see the impact your organization has in the world.
Touchless Payment Options for Safer Transactions
Here are some popular touchless payment options that can help alleviate any fears of COVID-19 for patrons or donors, to ensure your organization is doing all that it can to maximize revenue, even during uncertain times.
Accounting Software Program Features that can Help You Stay on Track
Accounting software has become a critical resource for business. Learn how to find a solution for yours!
What does a Nonprofit Treasurer Do?
A treasurer is responsible for sharing financial information effectively with stakeholders. Let’s explore what this role looks like in the nonprofit setting.