Why Nonprofits Need to Switch from Cash Basis Accounting to Accrual Accounting
Switching to accrual accounting gives nonprofits clearer finances, better planning, and stronger donor trust for long-term success.
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Understanding Form 1099: Why It Matters for Nonprofits
Navigating tax season as a nonprofit? Understanding Form 1099 is essential for ensuring compliance and financial transparency. Learn when and how to issue Form 1099 to avoid IRS penalties and maintain trust with your donors. Check out our latest blog for a step-by-step guide!