IRS rules governing private foundations are complicated, which is why your foundation needs to write and follow a detailed conflict-of-interest policy....
The TCJA provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI)....
Digital assets are just as important to include in your estate plan as your material assets. Do you have a plan for online financial, email & social accounts?...
While donations of time or services aren't deductible, you potentially can deduct out-of-pocket costs associated with your volunteer work. Learn more....
You can use the same accounting methods used by auditors to record revenues and perform a detailed analysis to learn about your organization's revenue profile....
To reap all three benefits of "going green", you need to buy and install certain types of renewable energy equipment in the home....
Data analytics is a type of business intelligence is already considered invaluable in the for-profit world. But it can be just as useful to nonprofits....
A tax change prohibits the income tax basis of inherited property from exceeding the property's fair market value (FMV) for estate tax purposes. Learn more....
For small businesses, managing payroll and keeping up with the latest tax rules can be one of the most arduous tasks. Are things slipping through the cracks?...
The beneficiary defective inheritor's trust (BDIT) allows you to enjoy the benefits of a traditional trust without giving up control over your property....