Don’t make the mistake of thinking that your nonprofit tax exemption includes payroll taxes! If you have employees, then you must understand your obligations as an employer.
The IRS Form 990 is an annual informational return for tax-exempt organizations. There are several different versions of the 990 form. Which one is right for your organization?
In this series, we’re exploring some of the basic accounting concepts that every nonprofit professional should know. First up: net assets. What are they, and why are they important?
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It’s easy for receipts to get lost, damaged, or misplaced. Try these tips to keep track of your expense receipts and make your accounting more efficient.