Recent Posts
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.
Podcast Episodes
Tips for “Sandwich Generation” Women
Tips for women who are caregivers to elderly parents and their own children.
The financial roadmap to help your family: the personal document locator
In this episode, we discuss the importance of having a way for your loved ones to take care of your financial affairs in the case of disability or death. Preparing a document that describes where things are located and important information will make it much easier for your loved ones to access what they need to handle your affairs.
Saving Money and Staying Sane using your Credit Cards
Here are some tips to save money and use credit cards without stress.
Paying Yourself as a Business Owner
How do you compensate yourself as a business owner?
Do you still have a PPP loan and have not yet applied for forgiveness? Here is a PPP loan update.
In this episode we remind businesses of the purpose of the PPP loans, what you could spend the money on, loan forgiveness requirements and changes, and general PPP loan fraud investigation information.
Questions to ask an Accounting Firm before working together.
In this episode, we discuss some questions your for-profit or nonprofit organization should ask an accounting firm before working together.
