2020 – A Year In Review
COVID-19. In our hometown of Nashville, a devastating tornado. Injustice. Protests. Riots. A Presidential election...still unresolved. More COVID-19. Is it over yet?
6 Operating Policies Your Nonprofit Must Have
Whether you are talking about a commercial business or a nonprofit, every organization runs more smoothly when it has solid operating policies. Way too often, however, these are an afterthought, and you find yourself needing to refer to a policy…
4 Ways to Optimize Holiday Volunteers
Some people give money to their favorite nonprofits. Others give time. You probably already know what to do with your donor's money. But, do you know how to get the most benefit out of the time that they volunteer?
6 Reasons Why the Year Isn’t Over Yet
No matter how much most of us want it to be, the year continues, and it isn't gone yet. Part of 2020 remains there on the plate waiting to be eaten. However, that's not necessarily all bad. It means that…
Nonprofit Year-End Checklist
The year may be soon coming to a close, but now is the time to be intentional about what success looks like for your organization. By having these integral items on your year-end checklist, you'll be off to a good…
Should Your Nonprofit Outsource its Bookkeeping Needs?
Maintaining timely and accurate financial records is one of the most important responsibilities facing every nonprofit organization. But doing it right is time-consuming, and the rules are complicated.
Big Changes to PPP Loan Forgiveness Rules
Newly passed legislation is heading to President Trump's desk that will substantially alter the original forgiveness terms for PPP loans.
IRS Extends Filing Deadline For 2019 Form 990
As expected, the IRS has officially extended the filing deadline for 2019 Form 990.
The CARES Act Increases Donation Tax Deductibility
The CARES Act that Congress passed in response to the COVID-19 crisis is best known for its Payroll Protection Program SBA loans and other measures of cash relief. Getting less attention are the provisions that increase the tax-deductibility of donations…
The CARES Act May Help Your Nonprofit Retain Its Staff
On Friday, March 27, 2020, Congress approved the Coronavirus Aid, Relief and Economic Security (CARES) Act. This is the third phase of a sweeping relief package Congress has passed in its efforts to mitigate the economic impact of COVID-19.