When corporate sponsorships raise UBIT issues

Under the Internal Revenue Code, “qualified sponsorship payments” to not-for-profits aren’t subject to unrelated business income tax (UBIT). ...
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Crowdfunding can be easy, but the tax implications may not be

Does your not-for-profit use crowdfunding platforms — such as Kickstarter, GoFundMe and Indiegogo — to raise money? Many ...
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Automate that! How AI and other software can help improve efficiency

Not-for-profits often work with limited resources, making efficient operations critical. Artificial intelligence (AI) and other forms of automating ...
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Mine your nonprofit’s audit report for good suggestions

Only some not-for-profit organizations are required to conduct independent annual audits. For example, the federal government and many states mandate ...
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Promoting good governance with a board policy

Your nonprofit’s board of directors should enjoy the role, the opportunity to support a cause close to their ...
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Nonprofits: How to attract the best, most qualified interns

Summer will be here before you know it, and for many not-for-profits, that means internships. Although students and ...
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“Privacy, please” when your nonprofit stores sensitive data

How well does your nonprofit protect the privacy of donors, staffers, clients and volunteers? It’s an important question because failure to protect personal data can ...
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Should your nonprofit outsource to an AMC?

If you’re like most nonprofit leaders, you want to dedicate your time to mission-critical work. But if you ...
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Who does what in your nonprofit organization?

Large, long-established not-for-profits generally know where the duties of their staffers end and those of their board members ...
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Nonprofit board members: Watch for financial warning signs

In addition to widespread federal funding cuts, many not-for-profit leaders are concerned about a possible economic downturn. If ...
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7 ways to cut nonprofit costs rather than staffers

It wasn’t long ago that the not-for-profit sector was struggling to find enough staffers to hire. Now that ...
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What your nonprofit should know about credit loss reporting rules

The Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2016-13 seems like it would be old news. ...
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