Two Provisions for Life’s Uncertainty

Two Provisions for Life’s Uncertainty

One of the biggest challenges in the accounting and financial world is the existence of the unknown future. There is much about life we simply cannot control despite our best plans and predictions. Many outside factors either support or diminish our finances and...
Is your nonprofit ready for a raffle?

Is your nonprofit ready for a raffle?

Raffles are popular fundraisers for not-for-profits. But they’re subject to strict tax rules. State laws on nonprofit-sponsored raffles can vary significantly, but nonprofits must comply with federal income tax requirements linked to unrelated business income,...