Your Secret Nonprofit Fundraising Weapon: IRS Form 990
By Richard J. Locastro, CPA, JD | Partner and Director of Nonprofit Tax In today’s rough-and-tumble political climate, economic pressures are mounting, fewer people are giving to charity1, and nonprofits are feeling the squeeze. Federal budget cuts have reduced government grants and other resources available to nonprofit organizations2. Perhaps more significantly, the Tax Cuts and…
A Revised Fundraising Strategy Can Help Nonprofits Reduce the Impact of TCJA on Charitable Giving
By Jorge Estrada, CPA | Nonprofit Audit and Tax Senior Manager The Tax Cuts and Jobs Act (TCJA) passed at the end of 2017 made the most far–reaching changes to the tax code since 1986. While many in the nonprofit industry believe the changes in the tax law are creating a more challenging environment for…