Tax Exempt Articles

February 21, 2012 – 0 views

- CPAs now have an opportunity to volunteer and provide up to five hours of free financial advice to veterans about starting or growing their business. - Many volunteers are veterans themselves and are passionate about working with other veterans. - AICPA is supporting their member CPA volunteers by providing access to the Veteran Fast Launch Initiative Toolkit. Full Story 

February 7, 2012 – 2 views

Federal funding can prove a good manner of finding the financial support important to effectively operate a business or a business. Grant funding can get your request from beginning to completion. Although government grants provide funding for specific projects, grants are essentially contracts with the government and you ought to follow their compliance requirements to maintain grant funding. You must first be qualified to put on for and receive federal grant funding. Knowing how to know very well what government grants you qualify for can ease the government grants course of action. Full Story 

January 24, 2012 – 4 views

"In this world nothing can be said to be certain, except death and taxes." When Benjamin Franklin wrote this sardonic proverb to Jean-Baptiste Leroy in 1789, tax exemptions were likely few, and he certainly wasn't talking about tax-exempt charities. Nowadays, the only things more pervasive than taxes are exceptions, deductions and exemptions from taxes. As for charities, not only are these entities potentially immortal in terms of their perpetual corporate existence, but they also have the keen ability to avoid most taxes. Full Story 

January 10, 2012 – 6 views

In every sales fundraising campaign that you want to organize, you need to make sure that you prepare a good sales script for your sales volunteers. Sales scripts help your volunteers to be more effective in the selling process and at the same time making sure that they can easily encourage people to buy their products. Without a good sales script at hand, your fundraising members would struggle in selling their fundraising products since you cannot force your customers to buy your goods; you need to give them a good reason why purchasing your products is worth every penny. Full Story 

December 16, 2011 – 7 views

The Internal Revenue Service (IRS) has announced that tax-exempt organizations that have January and February filing due dates have until March 30, 2012, to file their annual returns. Full Story 

November 8, 2011 – 21 views

Tax law allows many types of entities to exempt their income from tax. As long as an activity serves a social benefit, it may apply for tax-exempt status. A business operation that uses profits for a public purpose that's acceptable to the IRS is eligible for tax-exempt classification. Such businesses may even compete with taxable operations. Full Story 

October 18, 2011 – 20 views

Most people have fantasized and asked themselves, "If I had all the money in the world, what would I do with it?" Some might buy a yacht and travel the world. Others might acquire their favorite sports franchise. Most would probably buy a huge house, a fleet of fancy cars, and kick back for life. Full Story 

October 4, 2011 – 34 views

The first ten years of the new century (and the new millenia), significantly re-shaped the landscape of the nonprofit sector. Full Story