Author: Maribeth Wright (Retired)

Have you considered D&O liability insurance for your nonprofit? Read on to find out why you should.

There is much to be gained from volunteering your time and resources to the cause, just don't forget to take your fiduciary responsibilities seriously.

The IRS recently came out with guidelines to help you determine whether or not you should put your travel plans on hold. Read on to find out if the IRS plans to alter your travel plans.

Your nonprofit's board of directors are expected to be good stewards of donor funds while maintaining policies and procedures that guarantee high performance standards. What are you doing to meet these high expectations?

If you offer products or services to customers through an online platform (ride sharing, crowd funding, etc.) you're a part of the sharing economy. And there are specific tax guidelines to be aware of.

Fraud has become a serious problem for organizations nationwide. Read on to find out how to help prevent donation theft with these four nonprofit governance best practices.

Americans have never before been more generous with their hard-earned dollars than they have in recent years. Find out how you can make your donated dollars work harder.

A community involvement strategy helps more than just the beneficiary of your good deed - it helps your employees feel more fulfilled as well. Read on to learn more.

Most nonprofits depend on the help of volunteers to fulfill the organization’s primary mission. Learn how your nonprofit can establish a dependable team of volunteers.

Over the past three years, the Internal Revenue Service has been implementing the use of a revised form, Form 990, for year-end reporting by nonprofit organizations. The revised form requires much greater detail about the organization, its income and expenses and its policies, as well as the assurance that board members are involved in the … Continued

On May 15, 2010, an estimated 25 percent of the 1.6 million charities, trade associations and membership groups in the United States lost their tax exempt status for failure to file the IRS Form 990-N. The action results from a provision buried in the 2006 Pension Protection Act, aimed at pension reform. The legislation required … Continued

Making a donation to a charitable organization is an important personal decision. The IRS wants to help you make an informed decision about your donation. Below, the agency explains six things to know about tax-exempt organizations and their tax treatment. Publicly available annual returns. All tax-exempt organizations must generally provide their annual tax returns, as … Continued

If you donate used office equipment to a not-for-profit organization, can the not-for-profit send you a receipt for the fair market value of the gift? The short answer is: it depends. First, it is important to remember that valuation of the in-kind gift is the responsibility of the donor. The donee’s responsibility is to make … Continued

For many not-for-profit organizations, the revised IRS 990 form introduced this year can be troublesome. The new form was intended by the IRS to help organizations provide greater transparency about their activities to the public. As a result, the revised 990 requires organizations to provide much more detailed information about the organization, especially regarding its … Continued

Many working parents must arrange for care of their children under 13 years of age during the summer vacation. Day camp programs are a fun, popular solution – with a tax benefit. The cost of day camp can count as an expense towards the child and dependent care credit. Expenses for overnight camps however do … Continued

As part of their oversight plan to better monitor the activities of not-for-profit organizations, the IRS is asking for disclosure on whether the organization has a written conflict of interest policy. But what does that mean? A conflict of interest arises if an individual has competing interest when making decisions that affect the not-for-profit organization. … Continued