Churches, synagogues, mosques, and other religious congregations are not required to file tax returns, so they might not regularly hire independent accountants. However, regardless of size, religious organizations often are
Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by selling some investments – you just need
To err is human, but some errors are more consequential and harder to fix than others. Most non-profit organizations cannot afford to lose precious financial resources, so you need to
Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end tax-planning strategies. But does it still
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep in mind this list is not all-inclusive, so there may
Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE)
The commerciality doctrine was created along with the operational test to address concerns over non-profits competing at an unfair tax advantage with for-profit businesses. But even business activities related to
Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in November if the monthly rule applies. Corporations: Deposit the fourth installment of estimated
The Tax Cuts and Jobs Act (TCJA) of 2017 sharply raised the standard deduction and placed limits on itemized deductions. In particular, no more than $10,000 can be deducted in
Rewarding employees at the end of the year can brighten up their holidays and set the stage for your company to enjoy a good start to 2019. Some forethought and
