The #nonprofit world is in constant motion, with new #accounting standards and #tax regulations emerging regularly. Join BPM's Shannon Winter and Jena Lee for an upcoming webinar to stay ahead of these changes and drive maximum impact for your organization's mission. 🌟 Register here: https://hubs.li/Q02DkW150
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
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Experienced CPA helping companies modernize and streamline accounting and tax processes. Do the old stuff in new ways.
May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
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Proactive tax compliance and reporting strategies for non-profit organizations are crucial for maintaining tax-exempt status, avoiding penalties, and ensuring the organization's financial health and reputation. Here are three key strategies: 1. Keep Detailed Financial Records: Complete and accurate financial records will provide you with the necessary information for tax season. Some documents include past filings, financial statements, and detailed listing of source and use of funds. 2. Filing Your Form 990 Timely: The IRS Form 990 is one of the most important forms that is required to be filed by non-profit organizations, annually. There are four different versions of the form and not all organizations complete the same form. The deadline to file is the 15th day of the fifth month after your organization's fiscal year ends. If not filed timely, the IRS imposes daily penalties until filed. 3. Maintain Your Tax Exempt Status: Non-profit organizations that qualify to receive tax exemption status, require constant monitoring and completion of routine tasks. Such tasks include, maintaining a corporate board, avoiding political campaign activities, and paying taxes on unrelated income. If the non-profit fails to adhere to the tax exempt requirements, the IRS can impose special excise taxes on or even lose its status all together. By adopting these proactive strategies, non-profit organizations can navigate the complexities of tax compliance more effectively. #501c3 #NonProfitBookkeeping #TaxExemption
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
To view or add a comment, sign in
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
To view or add a comment, sign in
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May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
To view or add a comment, sign in
-
May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
To view or add a comment, sign in
-
May 15th is the deadline for calendar-year non-profit organizations to file annual reporting returns. For more information on upcoming deadlines and tax information, visit our website below. #AlloySilverstein #tax #taxdeadline #deadline #taxinfo #accounting #business
Spring 2024 Tax Deadlines and IRS News - Alloy Silverstein
https://alloysilverstein.com
To view or add a comment, sign in
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