What is Form 990 All About and Why is it so Important?
Many believe that IRS Form 990, the full-length version, is the most detailed [...]
Situations Non-Profits Should Always Communicate to Their CPAs
In most areas of our lives, strong relationships are dependent on good communication. [...]
What to Do if Your Nonprofit Has a Surplus or a Deficit
In a perfect nonprofit world, with 100% predictable spending and fundraising, year-end balance [...]
Are Nonprofits Responsible for Payroll Taxes?
When your nonprofit organization is growing in leaps and bounds, it’s time to [...]
Why You Should Consider Outsourcing Your Nonprofit’s Bookkeeping
Managing, organizing, and understanding your nonprofit’s finances plays a key role in its [...]
How the American Rescue Plan Act Helps Small Businesses
On March 11, 2021, President Biden signed H.R. 1319, the American Rescue Plan [...]
Maryland Has Both an Estate Tax and an Inheritance Tax. What You Need to Know!
Only a small percentage of Americans die with an estate worth $11.7 million [...]
How to Apply for a Second Round PPP Loan
A new round of the Paycheck Protection Program (PPP) is available through the [...]
Budgeting Best Practices for Nonprofits
As a non-profit, your budget is one of your most strategic tools. It [...]
Changes to 1099s this Year
If your organization makes payments to independent contractors or other non-employee service providers, [...]