charity

Posts Tagged ‘charity’

You Can Pave Paradise, Just Don’t Put Up a Parking Lot

Written by: Pete Kennedy, CPA, Director of Audit Services Unfortunately, the Tax Cuts and Jobs Act (TJCA) of 2017 wasn’t all tax cuts and jobs.  There were some mean little nuggets included meant to help offset the cost of the tax breaks.  Nearly a year since its passing, the IRS has finally issued (on December…

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Nonprofit Efficiency Measures

Written by: Pete Kennedy, CPA, Director of Audit Services For as long as I’ve been involved with nonprofit organizations, expense-based financial ratios (Program / G&A /Fundraising as a percentage of total expenditures) have been used as an efficiency measurement.  I’m sure you’re familiar with them – and the many derivatives that appear online in the…

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Tips on Travel While Giving to Charity

Do you plan to donate your services to charity this this year? Will you travel as part of the service? If so, some travel expenses may help lower your taxes when you file your tax return next year. Here are five tax tips you should know if you travel while giving your services to charity.…

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IRA Qualified Charitable Distribution Reinstated

There are very few opportunities to conduct tax planning for 2012 once the calendar year flips to 2013.  However, a unique, very limited opportunity is available for the 2012 tax year.  One of the provisions of the recently passed American Taxpayer Relief Act of 2012 was the reinstatement of the Qualified Charitable Distribution (QCD) from…

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