February 11, 2020 How Taxes Affect Your Nonprofit’s Donors The deductibility of most charitable gifts hasn’t changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping … Read More
February 7, 2020 The SECURE Act Changes The Rules For Employers On Retirement Plans The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a … Read More
January 27, 2020 Congress Rolls Back Burdensome UBIT On Transportation Benefits A much-hated tax on not-for-profit organizations is on the way out. At the end of 2019, Congress repealed a provision … Read More
January 27, 2020 Your Home Office Expenses May Be Tax Deductible Technology has made it easier to work from home so lots of people now commute each morning to an office … Read More
January 21, 2020 Do You Have A Side Gig? Make Sure You Understand Your Tax Obligations The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019 … Read More
January 15, 2020 IRS Updates Rules For Using Per Diem Rates The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to … Read More
January 15, 2020 3 Last-Minute Tips That May Help Trim Your Tax Bill If you’re starting to fret about your 2019 tax bill, there’s good news — you may still have time to … Read More
January 9, 2020 New Restructuring Rules May Reduce A Nonprofit’s Filing Burden Is your not-for-profit thinking about merging or otherwise restructuring? Recently, the IRS made the process easier for some organizations. Revising … Read More
December 6, 2019 Medical expenses: What It Takes To Qualify For A Tax Deduction You may wonder if you can get a tax break for medical and dental expenses, as well as prescription drugs. … Read More
November 26, 2019 IRS Updates Rules For Mileage-Related Deductions Do you or your employees deduct transportation expenses for operating an automobile for business purposes? If so, learn about recent … Read More
November 20, 2019 What Is Your Taxpayer Filing Status? Should you file your tax return as a single person, a married couple filing jointly, a “head of household” or … Read More
November 12, 2019 How IRS Passive Activity Loss Rules Can Impact You If it feels like the rules for accurately filing your taxes seem to keep changing, you’re not alone or going … Read More
