When it comes to investment income, nonprofits must comply with complex rules.

We are about to close the third quarter of the year. Here are some year-end moves to consider that may help your small business save on taxes.

Your nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly.

Restricted gifts to nonprofits require greater care than unrestricted ones. If a donor attaches strings to a gift, develop policies your staffers should follow to ensure restrictions are honored.

If you’re the owner of a pass-through entity, the federal income tax rules for gains from the sale of business real estate or vacant land may be more complicated than you thought. Here’s a look at the issues.

Understanding the intricacies of tax deductions, particularly those related to meals and entertainment, is crucial to optimize your tax savings and ensure compliance with IRS regulations. Significant changes have been implemented in this area, making it essential to stay updated.

Managing tax liabilities effectively is crucial. Two significant tax-saving opportunities for businesses—Bonus Depreciation and Section 179 deductions—can significantly impact a company’s bottom line.

Summer is here! But here are some important third-quarter tax deadlines that businesses can’t afford to forget about.

Now that business travel has picked up, it is crucial to understand what qualifies as deductible business travel expenses.

We are in an election year, and this is always a good time to remind 501(c)(3) organizations about the IRS restrictions of political campaign intervention.

In the world of nonprofit accounting, tracking restricted donations and grants can be a challenging task. However, QuickBooks Online offers a powerful feature that can simplify this process.

FASB new guidance ASU 2023-01 Leases is intended to ease the application of lease accounting for entities under common control, providing clarity on key issues that emerged following the introduction of ASC 842.