It’s almost Tax Day. What does the tax season mean for nonprofits?
Tax season is upon us, but if you’re a tax-exempt organization, what does that mean for you? Read our article about all the relevant information you need for filing as a nonprofit:
IRS Tax Tips
As the IRS encourages, we share these Tax Tips with you to help you navigate this tax season.
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.
Nonprofit Tax Exemption Tips
In this episode, we provide pointers on the process for an NFP to get its federal tax exemption (501c3) and how to stay exempt.
Hiring employees, employment taxes and the small business employer
As a small business employer you must properly classify your workers and ensure that your business complies with its employment tax responsibilities. We also discuss a few other key steps in hiring employees.
Year End Financial Planning Part 1 Reviewing and Adjusting Tax
Year-end 2020 financial planning considerations part 1 - We discuss income tax withholding, why you should review them at year end what you can do if you don't want any surprises at tax time April 2021.
