The gig economy offers many benefits. It also comes with tax responsibilities that workers need to manage proactively to avoid penalties.
How honest is your investment advisor? Nonprofits must be able to say, “very!” Investment fraud is on the rise and organizations need to protect themselves. Here’s how to go about it.
Taking care of loved ones in your estate plan should include the four-legged variety. Here’s how to address your pets in your estate plan.
Even though family members generally aren’t personally liable for any remaining debt of a deceased loved one, that debt doesn’t simply disappear.
If you receive a court award or out-of-court settlement, do you have to pay tax on it? The answer is … it depends.
At a time when every dollar counts, your nonprofit doesn’t want to end up with a UBIT bill. So be careful when accepting corporate sponsorships because some can be risky.
Just because you filed your 2024 tax return doesn’t mean the questions about it stop. Here are some answers.
Through a Chief Counsel Advice memo, the IRS indicates that more fraud victims can claim a theft loss deduction than previously known.
A trustee is the person who has legal responsibility for administering a trust on behalf of the trust’s beneficiaries. What qualifications should you look for when choosing a trustee?
Your nonprofit likely already uses accounting software and other tools to automate routine tasks. Could you automate more? Probably. We suggest additional functions that can benefit from AI and other automation.