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How to Manage Payroll for Your Staff: A Nonprofit Guide

Top Nonprofits

Monitor tax law compliance. Despite their tax-exempt status, nonprofits must still follow certain tax requirements when managing staff payroll, such as filing Form 990. According to Double the Donation’s nonprofit accounting guide , nonprofits must also issue Form 1099 to contract workers who are paid at least $600 for their services.

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7 Questions to Ask a Nonprofit Accountant

The Charity CFO

Are You Familiar With Nonprofit Accounting Regulations and Standards? Your nonprofit accountant should have a good understanding of the current nonprofit tax laws and regulations related to your organization. In addition, your accountant should be able to help you navigate unique nonprofit tax situations.

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How to Preserve Existing Affordable Housing: The Value of Human Scale

NonProfit Quarterly

TOPA, in particular, is being emulated across the country as a tool that helps tenants, with nonprofit financing and technical assistance support, to come together and preserve affordability by becoming owners themselves, either through a limited-equity cooperative or nonprofit structure.

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Understanding Functional Expenses for Nonprofits

The Charity CFO

So why do nonprofits track functional expenses? There are 3 simple reasons: It’s the law. If you want to report your functional expenses properly AND always have audit-ready financial reports at your disposal, an experienced nonprofit accountant can help. Why do you need to track functional expenses?

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1099 Best Practices for Your Nonprofit

The Charity CFO

Nonprofits rely on the generosity of donors and volunteers to support their mission and achieve their goals. But, just like for-profit businesses, nonprofit organizations must also navigate complex tax laws and regulations to remain compliant. One of the key areas for nonprofit compliance is the correct use of 1099 forms. .

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Opportunity! Nonprofit Communications Jobs

Getting Attention

Business Development Manager Nonprofit Finance Fund (New York, NY). Marketing Strategist The Southern Poverty Law Center (Montgomery, AL). Assistant Director of Loyalty Marketing Lincoln Center for the Performing Arts (New York, NY). Associate Project Editor Appalachian Mountain Club (Boston, MA).

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Unlocking the Potential of Open 990 Data

Stanford Social Innovation Review

The social sector is using big data to enhance nonprofit transparency and knowledge more than ever before, and the opening of the Form 990 has made an essential contribution. The IRS is currently completing its rollout of the new law.