What Your Nonprofit Needs to Know

What Your Nonprofit Needs to Know

It is not uncommon for nonprofit organizations to receive donations of tangible property from supporters in addition to cash contributions. Special rules apply when valuing such property and providing donors with the right kinds of documentation to substantiate...
Watch Out for Scam Charities

Watch Out for Scam Charities

There are a multitude of reputable charities doing good deeds and supporting worthy causes, but scams designed to separate you from your hard-earned money without actual performance of charitable services also exist. You might think that you are too street savvy to be...
Time to Check Your Beneficiary Designations

Time to Check Your Beneficiary Designations

Many people are aware of the important reasons to develop a comprehensive estate plan. However, not everyone realizes the plan cannot be ignored after its creation. One estate-planning issue that requires your ongoing attention is beneficiary designations. The steps...
Encourage Legacy Gifts to Your Nonprofit

Encourage Legacy Gifts to Your Nonprofit

If your nonprofit focuses most of its fundraising energy on donors who can contribute to your mission and programs now, you may have neglected legacy gifts. Such gifts represent a portion of wealthy donors’ estates that go to your organization upon their death. Legacy...
Year End Tax Planning Tips

Year End Tax Planning Tips

With year end fast approaching, it is time to consider tax planning moves that may lower taxes for the 2022 tax year — and possibly set you up for tax savings in future years as well. The good news is, at this time, it appears there will not be any significant...