Is your nonprofit ready to hire new staffers?

According to the 2017 Nonprofit Employment Practices Survey by human resources consultant Nonprofit HR, charities are hiring at a faster pace than for-profit companies. Of the not-for-profits surveyed, 50% reported that they would add staffers, vs. 40% of for-profit businesses. Yet plenty of nonprofits are still hesitating to add employees to the payroll. If your […]

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2017 Tax Extenders

We take a pause in our 2017 Tax Cuts & Jobs Act (TCJA) updates to pass along the highlights of the Bipartisan Budget Act of 2018, which included several “extender” provisions which could affect your 2017 tax return. For individuals, the following provisions have been extended for one year through 2017: Mortgage insurance premiums paid […]

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How nonprofits can regain their tax-exempt status

Thousands of not-for-profits lose their tax-exempt status every year because they’ve neglected to file required annual forms with the IRS for three consecutive years. Fortunately, if your organization is on the revocation list, you can re-attain your exempt status by following the proper steps. File the right form Assuming you lost your exempt status due […]

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