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Contractor and Payroll Tax Filing Requirements for Nonprofit Organizations

One misconception many tax-exempt nonprofit organizations have is that they are exempt from all taxes. While nonprofits with 501(c)(3) determination are exempt from federal income…

Cash-Based or Accrual Accounting: Which is Right For Your Organization?

Starting a nonprofit organization involves a significant amount of paperwork. In addition to filing articles of incorporation and applying for 501(c)(3) tax-exempt status with the IRS,…