So you feel an internal “calling” to start a nonprofit. That’s wonderful! The world needs more people in it like you to give back. Before you get too ahead of…
taxes
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Nonprofit AccountingNonprofit ManagementWebinars
Webinar: Deadline To File Nonprofit Tax Return Form 990
by Alex Acreeby Alex AcreeDo nonprofits file annual tax returns? Previously we pointed out that while nonprofits do not have to pay federal income tax, or any state or local income tax for that…
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Do nonprofits pay taxes? In short, the answer is both yes and no. For the most part, nonprofits and churches are exempt from the majority of taxes that for-profit businesses…
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Church ManagementNonprofit AccountingNonprofit Management
Do Nonprofits or Churches Need to Complete 1099s?
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…
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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.…
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Nonprofit ManagementStories
Common Nonprofit Mistakes (And Simple Solutions) Part 3: How I Almost Lost My Nonprofit In 24 Hours
by Tim Goetzby Tim GoetzMiss the beginning of the series? Go to Common Nonprofit Mistakes (And Simple Solutions) Part 1: I Could Do It All, But I Shouldn’t. Nonprofit leaders are experts in multitasking.…
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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…
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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…
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Nonprofit AccountingNonprofit Management
Free IRS Form 990-N eFiling By Aplos Software
by Alex Acreeby Alex AcreeYou 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…
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Church ManagementNonprofit AccountingNonprofit Management
Payroll Taxes Withheld
by Tim Goetzby Tim GoetzThere 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.…