The structure you choose for holding real estate can have major tax and legal consequences for your business. From avoiding double taxation in a C corporation to creating flexible succession options for family businesses, separating real estate into its own entity may be one of the smartest financial decisions you can make.
Starting a business is exciting, but finding the right financing is one of its most complex challenges. From personal funds and venture capital to angel investors and bank loans, each source comes with trade-offs that can affect your ownership and control. Here is what every aspiring entrepreneur needs to know before signing on the dotted line.
When you move, notifying the IRS is not optional. Federal regulations make clear that your last known address is the one on your most recently filed tax return, and the burden of keeping that information current falls on you. Failing to update it can lead to missed notices, undelivered refunds, and even tax liens.
Beginning with the 2027 filing season, the IRS will require businesses to submit information returns through its new IRIS system instead of FIRE. The shift affects how Forms 1099 are filed, who needs a new transmitter authorization, and how corrections are handled. Find out what your business needs to verify before FIRE shuts down in November 2026.
The IRS has announced temporary federal excise tax enforcement relief for dyed diesel fuel used on public highways, effective October 1 through December 31, 2026. The relief waives penalties, suspends highway-use inspections, and eases record-keeping requirements for farmers, truckers, construction businesses, and other diesel users. Additional IRS guidance is expected on excise tax payments and reporting, and businesses should consult their tax advisors to understand how this relief applies to their operations.
Maxing out your 401(k) sounds like a smart retirement move, but the contribution limit is not a savings recommendation. Before hitting that maximum, you should weigh your liquidity needs and near-term financial goals, make sure you are capturing your full employer match, and determine whether a 401(k), IRA, or HSA is the right home for each retirement dollar. Your financial plan, not the IRS limit, should guide how much you contribute and where.
Restructuring can offer meaningful financial and operational benefits for 501(c) organizations, but the legal form and sequence of your transaction matter. IRS Revenue Procedure 2018-15 may allow qualifying nonprofits to retain their tax-exempt status without reapplying. Learn what conditions apply, what is excluded, and what steps your organization should take before moving forward.
Even well-intentioned decisions by nonprofit leaders can lead to allegations of wrongdoing. D&O liability insurance can help protect your organization and its directors and officers, but coverage varies widely. Learn what D&O policies typically cover, what they exclude, and what reporting requirements your nonprofit must follow to stay protected.
A conflict of interest does not automatically mean wrongdoing, but without a written policy to address it, your nonprofit risks tax consequences, legal liability, and reputational harm. Learn how a strong conflict-of-interest policy protects your organization and builds the trust your mission depends on.
Your nonprofit's financial statements tell an important story, but they don't always make trends or emerging risks easy to spot. Key financial ratios can help boards and leadership teams monitor liquidity, sustainability, and funding risks, so they can identify problems early and make more confident, proactive decisions.
Attracting new donors is important, but long-term financial sustainability often hinges on keeping the supporters you already have. A well-structured recurring giving program can provide predictable revenue, deepen donor relationships, and reduce your reliance on constant acquisition efforts. Here is what your nonprofit needs to know to build a successful program.
Board meeting minutes are more than a procedural checkbox. For nonprofits, they serve as the official record of how leadership exercised its authority and can become critical during audits, regulatory reviews, or litigation. Learn what your board should be documenting, how promptly, and who may eventually be reading those records.