7 Requirements for Year-End Nonprofit W-2 Preparation

Nonprofit W-2 preparation is basically the same as for-profit businesses, but with some additional considerations based on the type of nonprofit you are (more on that below). Like any other business, nonprofits and their employees are subject to payroll taxes even though 501(c)(3) charitable organizations are exempt from paying income taxes. Nonprofit W-2 Preparation [...]

By |2017-12-27T16:50:16-07:00December 27th, 2017|Board Governance, IRS, Nonprofit|0 Comments

IRS and #GivingTuesday

The Internal Revenue Service reminds taxpayers looking to maximize their tax savings before the end of the year to consider charitable giving. Many taxpayers may already be planning to do so for Giving Tuesday on November 28. Giving money or goods to a tax-exempt charity before December 31 can usually be deducted on that [...]

By |2017-11-27T20:07:32-07:00November 27th, 2017|fundraising, GivingTuesday, IRS, Nonprofit, philanthropy|0 Comments