Posts

IRS Correspondence: Real or Fake?

Since correspondence season is in full swing which means the…

10 Best Practices for Internal Audits

An internal audit benefits your organization in many ways.  Take…

3 types of donations and how to handle them

I want to share a recent question that frequently comes up in…

Q&A for Filing Form 5500

As you prepare to file Form 5500 by the July 31 deadline, here…

5 Reasons Why a 501(c)(3) is a Good Idea for Churches

Many churches view having a 501(c)(3) as being ‘worldly.’…

Be on the Lookout for Excess Benefit Transactions

When transactions occur that are unrelated to direct payment,…

Financial Transparency for Schools

One of the purposes of the Form 990 is transparency for nonprofit…

June Tax Reminders for Pastors

2013 is flying by, and deadlines can sneak up on you. Be ready…

New (and Old) Rules for Home Offices

While simplifying the filing procedure to claim a home office…

What to do if tax exempt status is revoked

I received a question from Brenda in Michigan, and I think that…