Employee fraud can shake a nonprofit to its core, threatening the trust of donors, grantors, and the communities it serves. A measured, well-coordinated response can help limit losses, protect the organization's reputation, and uncover gaps in internal controls. Learn the key steps leaders should take when fraud suspicions arise.
Accountable plans are the most tax-efficient way for nonprofits to reimburse employee business expenses, but only when properly structured. From eligible expenses and documentation standards to written policies and recordkeeping, understanding the IRS requirements can help your organization reduce risk, save on payroll taxes, and stay audit-ready.
A nonprofit’s finance committee does far more than review financial statements. From budgeting and internal controls to audits and investment policy, an active and engaged committee is essential for protecting your organization’s assets and demonstrating responsible stewardship to stakeholders. Learn the seven core duties every effective committee should fulfill.
Nonprofits often lag behind for-profit organizations when it comes to adopting new technologies. But with stakeholder expectations on the rise, staying on the sidelines is no longer an option. Learn how tools like data analytics and artificial intelligence can help your organization boost efficiency, grow funding, and better serve your mission.
With members scrutinizing recurring expenses more closely than ever, nonprofits must work harder to demonstrate value and foster genuine engagement. From personalizing the member experience to offering flexible payment options, a proactive retention strategy can make the difference between a thriving membership base and one that slowly fades. Here is what you need to know.
Many nonprofits rely on short bursts of fundraising followed by long quiet stretches, which can limit growth and create financial uncertainty. Shifting to a consistent, strategic approach changes everything. From forming a fundraising committee to building a year-round action plan, learn how to keep revenue flowing and momentum strong throughout the year.
From understanding whether your child's financial aid is taxable to navigating the income tax implications of estate planning, the tax landscape for individuals continues to evolve. This roundup covers five important updates, including new remittance transfer taxes, a refreshed IRS debt tool, and expanded ABLE account rules.
Payroll management is more than issuing paychecks. It involves compliance with federal and state laws, accurate tax reporting, and maintaining employee trust. For small and midsize employers, letting it slip can mean costly penalties and rising turnover. Discover the big-picture strategies that can help keep your payroll practices strong and compliant.
Transfer pricing governs how related companies price intercompany transactions involving goods, services, or intellectual property. Get it wrong, and your business could face audits, back taxes, and penalties of up to 40% of any underpayment. Learn how sound policies, the right methods, and clear documentation can protect your company.
Did you know your boat could qualify for valuable tax deductions? From mortgage interest and SALT deductions to business write-offs, home office claims, and charitable giving strategies, boat owners may be sitting on significant tax-saving opportunities. But the rules are complex, and the wrong move can lead to costly mistakes.
If you own overseas real estate, foreign bank accounts, or international investments, your estate plan needs extra attention. From navigating double taxation risks to ensuring your will is valid across multiple jurisdictions, proactive planning is the key to protecting your wealth and providing clarity for the people you leave behind.
For small employers offering a 401(k) plan, knowing when employee contributions must be deposited is critical to avoiding costly penalties. The Department of Labor's seven-day safe harbor rule offers a clear, reliable compliance window. Learn how this rule works, when it applies, and how it can help protect your business.
