TheTax Act was passed late in 2017. The most notable is a change to the standard deduction which impacts you whether you are donating or receiving funds. Read on to discover what to do.
One of the most important and sometimes challenging steps of starting a nonprofit is choosing a name. Nonprofit tax expert Philip Hackney answers questions about choosing a legal form for your organization. Read more to learn how to protect your name, and your organization.
The leading recipient of charitable donations is churches. However, the contributions spread out widely across all different types of nonprofits. Learn more about where your charitable donations are going.
A majority of a nonprofit's profit comes from fees for services and goods. Read more to learn about the 6 other facets where money comes in.
A big perk of becoming a nonprofit is being eligible for tax exemption. Read more to learn about nonprofit's ability to accept tax-deductible donations.
Mission Reconcile is a faith-focused organization that is committed to racial reconciliation. Their ultimate goal is to create a sustained conversation about race that will not only raise awareness about racial reconciliation but also reach those in a position to create change in the community.
After becoming incorporated, the next step a nonprofit should take is to become tax-exempt. Doing so can save your company thousands of dollars. Learn more about what it means to become tax-exempt and why it is important.