Taxpayers who are self-employed may still take home office deductions
The TCJA limited home office deductions to self-employed taxpayers. They are no longer available to employees whose employers allow them to work from home.
Can your nonprofit board recognize financial warning signs?
A key duty of your nonprofit’s board is to oversee the organization’s finances. Some warning signs may jump out immediately, but others can be more subtle.
Tax break for charitable gifts no longer benefits many taxpayers
The charitable giving deduction changed with the Tax Cuts and Jobs Act, and many taxpayers find that their generosity no longer results in a tax break.
Capital campaigns require commitment, strategic vision
Nonprofit capital campaigns must be executed strategically to maximize fundraising.
Controversial tax on transportation benefits for nonprofits repealed
A controversial tax on parking benefits that nonprofits provide employees has been repealed, and organizations that paid the tax will get their money back.