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Securing Foundation Grants: Strategies to Increase Your Nonprofit’s Success Rate

Securing Foundation Grants: Strategies to Increase Your Nonprofit’s Success Rate

Grants from foundations can provide essential funding for nonprofit organizations but securing them requires a strategic approach. This article outlines effective strategies for matching your mission with foundation interests, crafting well-defined proposals, and maintaining persistence even in the face of rejection. Learn how to improve your chances of getting your grant proposals approved. Read the full article for a deeper dive into the steps involved.
Plan for the Unexpected: How to Guarantee Your Nonprofit’s Special Event Goes Smoothly

Plan for the Unexpected: How to Guarantee Your Nonprofit’s Special Event Goes Smoothly

Whether hosting a gala, fundraiser, or conference, planning for your nonprofit's special event requires foresight and preparation. This article highlights essential strategies for handling potential crises, from weather issues to last-minute emergencies, ensuring your event runs smoothly. Learn how to prepare your nonprofit with the right insurance coverage, crisis management plans, and communication strategies for success. Read the full article for detailed insights.
Unlock the Power of Corporate Volunteerism: A Guide for Nonprofits

Unlock the Power of Corporate Volunteerism: A Guide for Nonprofits

Corporate volunteer partnerships offer nonprofits a valuable resource for fundraising and carrying out their mission, all without the cost of hiring staff. By working with businesses, nonprofits can increase visibility, gain more support, and even discover new skills among volunteers. This article explores how to establish successful corporate volunteer programs, with tips on creating mutually beneficial partnerships, managing volunteer activities, and ensuring that your nonprofit maximizes its potential. Read on for more strategies on how to make the most of these partnerships.
A guide to accounting for derivatives and hedge accounting

A guide to accounting for derivatives and hedge accounting

Our publication, A guide to accounting for derivatives and hedge accounting, is intended to provide an overview of the accounting for, financial statement presentation and disclosure of derivative instruments and hedge accounting.
5 AI use cases for technology companies to consider

5 AI use cases for technology companies to consider

Here are five key artificial intelligence use cases that tech companies should consider.
Preparing for health care M&A: Accounting implications and best practices

Preparing for health care M&A: Accounting implications and best practices

Explore strategies for successful health care mergers and acquisitions, including due diligence, valuation and post-transaction accounting.
The importance of cybersecurity resiliency for nonprofit organizations

The importance of cybersecurity resiliency for nonprofit organizations

Cybersecurity resiliency is important for nonprofits. Organizations that have strong cybersecurity resiliency protect their sensitive data and ensure they can fulfill their missions
Tax Court reaffirms IRS lack of authority to assess Form 5471 penalties

Tax Court reaffirms IRS lack of authority to assess Form 5471 penalties

Tax Court's national jurisdiction gives taxpayers significant advantage in Form 5471 penalty disputes
Updated accounting publications on goodwill and long-lived assets

Updated accounting publications on goodwill and long-lived assets

RSM's guidance covers the complexity of accounting for long-lived assets and options under private company accounting alternatives.
Maximize Section 179 Tax Benefits: What Businesses Need to Know

Maximize Section 179 Tax Benefits: What Businesses Need to Know

Section 179 allows businesses to claim significant tax deductions on new asset purchases, but annual adjustments and limitations can complicate the process. This article breaks down qualifying assets, depreciation phaseouts, and strategies to maximize tax benefits. Discover how bonus depreciation complements Section 179 deductions and what businesses should consider as tax rules evolve. Read the full article for expert insights and actionable strategies.
Unlock Tax Savings with These Business Building Deductions

Unlock Tax Savings with These Business Building Deductions

As businesses adapt to post-pandemic work models, many are updating facilities or acquiring new spaces. Did you know these expenses could unlock tax savings? This article outlines seven tax breaks for business buildings, including depreciation, energy-efficiency incentives, ADA compliance benefits, repair deductions, and more. Whether upgrading signage or tackling landscaping, knowing these options can save your business money. Read the full article for a breakdown of these tax-saving strategies.
Celebrate the Season and Save: Tax Deductions for Holiday Parties

Celebrate the Season and Save: Tax Deductions for Holiday Parties

Celebrate the season and save on taxes! Your company holiday party might qualify for a 100% deduction if it meets specific IRS guidelines. This article breaks down the rules for deducting holiday party costs, gifting employees, and maintaining proper records to avoid costly tax missteps. Find out how to maximize your holiday festivities while keeping your business tax-savvy. Read the full article to learn more.
How to Use Charitable Donation Bunching for Greater Tax Benefits

How to Use Charitable Donation Bunching for Greater Tax Benefits

With the changes to tax laws under the Tax Cuts and Jobs Act, fewer taxpayers are able to benefit from charitable deductions unless they itemize. One way to make the most of charitable contributions is to use the "bunching" strategy, where you make larger donations in alternating years to exceed the standard deduction and claim itemized deductions. This article provides a detailed look at the tax rules surrounding charitable contributions, explains the bunching strategy, and suggests how a donor-advised fund (DAF) can help simplify your giving. Read the full article for more tips on maximizing your charitable tax deductions.
Unwrap the Fine Print: Essential Gift Card Tips to Maximize Your Holiday Giving

Unwrap the Fine Print: Essential Gift Card Tips to Maximize Your Holiday Giving

Gift cards are a popular and practical choice for holiday gifts, but they come with hidden fees, expiration dates, and rules that both gift givers and recipients should understand. This article outlines the potential drawbacks of prepaid and retail gift cards, including activation and inactivity fees, along with legislative protections for consumers' rights. Whether you're giving or receiving a gift card this season, be sure to read the fine print and avoid unnecessary fees. Read the full article for tips on how to make the most of your gift card purchases.
How the Latest IRS Decision Could Impact Your 401(k) Matching Contributions

How the Latest IRS Decision Could Impact Your 401(k) Matching Contributions

A recent IRS ruling could offer 401(k) participants more flexibility by allowing them to allocate matching contributions to other tax-advantaged accounts, such as Health Savings Accounts (HSAs), Retiree Health Reimbursement Arrangements (HRAs), or educational assistance plans for student loan reimbursements. This change could have significant benefits for employees, though it may also introduce new administrative complexities for employers. Understanding the details and implications of this ruling is crucial for both employees and employers. Read the full article for more insights.