taxes

Accounting refers to the process of auditing, maintaining, and processing financial information. Every business relies on accounting principles to organize, maintain, and process financial dealings. The majority of businesses and…

Any organization that meets the filing requirements is required to complete 1099s, regardless of tax-exempt status. Form 1099 is a required IRS report that documents the amount of certain types…

Intro To Nonprofit Accounting: Lesson 7 In the final lesson of this series, we will take a look at the nonprofit accounting standards your accounting system needs to adhere to.…

What is a 501(c)(3) church, and what are some benefits and disadvantages of a church having a 501(c)(3) tax-exempt status? This is what you need to know. When starting a…

The holiday season is a popular fundraising season for charitable organizations. Nonprofit organizations often receive donations in different forms, such as volunteer hours, cash, pledges, or in-kind donations. To help…

You read that right. Aplos is now a trusted partner of the IRS, and is offering free eFiling of the Form 990-N (e-Postcard) for any small tax-exempt organizations. And just…

There are several different types of payroll taxes. Most employees or self-employed individuals pay taxes, either directly withheld through a payroll deduction or when filing their personal income tax return.…

Many people may have not even received their personal tax refund—or worse yet, just paid their tax bill—when the nonprofit tax form is due. It’s the dreaded Form 990 (or…

What is a nonprofit fiscal year, and how is it different from a calendar year? And why does it matter? The I.R.S. gives the following definitions: Calendar Year – A…