There are many ways that not-for-profit organizations can finance their mission. Some of the following vehicles are very common: SBA loans and grants Nonprofit loan funds and grants Community development financing Bank or credit union loans and lines of credit Donor development and crowdfunding Donations and grants are the first line of defense in an environment of rising interest rates and inflation. However, grants are limited. ... more
Archives for February 2023
Mental Health Check-In: Are You Okay?
It’s easy to get bogged down in your work and get stuck in a routine that does not include self-care and wellness. You may find yourself thinking about work when you’re not at work, leading to stress, bad eating habits or insomnia. External life pressures add to the mental burden. Can I afford the car I just bought? Will I have enough saved for retirement? Who will pick up the kids today? Tons of things can weigh on your sanity and affect your ... more
Update to IRS Tax Relief for California Storm Victims
The Internal Revenue Service issued another announcement that updates and expands the relief period for California storm victims to file their tax returns and to make tax payments. Please see our previous article for more information! View Article The relief period now applies to filing deadlines and tax payments that fall on or after December 27, 2022, through May 14, 2023, rather than the originally announced extension for those deadlines ... more
What a difference six months can make
Did you know that you could help your family save money on their federal estate tax bill by asking your executor to choose an alternative valuation date? An alternate valuation date can reduce estate tax liability If you have money invested in the stock market, you’re well aware of potential volatility. Needless to say, this volatility can affect your net worth, thus affecting your lifestyle. Something you might not think about is the potential ... more