For most nonprofits, volunteers are the lifeblood of the organization’s work. The time and talent volunteers contribute can be a pivotal factor in how well and how cost-effectively NFPs achieve their mission, affecting the organization’s long-term success as well as the ultimate impact of its programs.
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Brand Mark vs. Logo – What’s the Difference?
You have a beautiful logo that’s distinctive, eye-catching and visually appealing. It looks great and supports your brand, so you’re set. That’s a common assumption among business leaders, but it’s not quite correct. During the design process for your company logo, you should also create a brand mark.
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How the Workplace Has Changed Over 50 Years
Halt, Buzas & Powell is 50 years old! We are excited to be celebrating half a century of helping clients fulfill their unique visions of success. While “success” looks different for everyone, office expectations and behavior tend to be more or less consistent across the country – but not across time! As part of our Focus on 50 anniversary celebration, we’re taking a look at some of the huge workplace changes we’ve witnessed over the years.
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A Brief Look at Post-TCJA Charitable Giving
The Tax Cuts and Jobs Act of 2017 (TCJA) dramatically altered the U.S. tax code, with broad changes that affect individuals, families, businesses and even nonprofit organizations. A number of the legislation’s components appeared at first glance to discourage the charitable giving that sustains NFPs.
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7 Ways to Practically Guarantee Your Nonprofit a Date with the IRS
Completing Form 990 takes a lot of time and effort. Nonprofits deal with this substantial challenge each year, dutifully gathering information on all financial activities and filing the mandatory report with the IRS. While NFP leaders typically strive to ensure the accuracy and timeliness of their 990 returns, mistakes can slip through here and there. That’s a concern, and not just because we all like to think we’re fulfilling our tax obligations correctly.
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What Business and Nonprofit Leaders Should Know about Payroll Tax Audits
What comes to mind when you hear you’re about to be audited? If you’re like most people, it’s an unpleasant idea focused solely on proving the accuracy of recent income tax returns. That’s not the only type of audit though; the IRS conducts a number of less familiar audits that often take business and nonprofit leaders by surprise. Payroll and employment tax audits are a prime example. (While nonprofits aren’t always subject to the same employee taxes as businesses, they must still comply with laws regarding federal withholding, Social Security, Medicare and other applicable payroll taxes.)
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What is Managed IT?
As technology becomes central to everything we do, more and more organizations are turning to managed IT. Those that haven’t yet made the switch to an outsourced IT provider are often unsure about what the service covers or the benefits it offers. After all, we already manage our IT services, don’t we? Of course you do, since every business and nonprofit faces complex technology demands in the digital age – and that’s precisely why managed IT is such a popular choice.
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Essential Graphic Assets for Your New Business
Starting a new business means setting up systems, purchasing equipment and a dozen other critical tasks, including putting together a brand package with key graphic assets that will support your new endeavor.
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Beyond Bitcoin: Libra Rising
The digital currency craze has pushed past bitcoin recently, and now it’s reached the big-time with Facebook’s announcement of Libra. The social media giant plans to launch its own version of crypto-cash next year with the goal of simplifying payments across borders and currencies.
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Preparing for the Uniform Guidance Audit (Formally known as OMB Circular A-133): Are You Ready?
Do you work for a nonfederal entity? Does your organization receive federal grants and awards? Does your organization expend $750,000 or more in these awards in one fiscal year? If you answered yes to all of these questions, then your organization is subject to a what is commonly called a Uniform Guidance audit or formally known as single audit in accordance with the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
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