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How to Choose the Best Nonprofit Accounting Software

Accounting Seed

Accounting software is one of the most valuable tools a nonprofit can have, as it allows team members to shift their focus from tedious data management to what truly matters: serving people and making an impact. Although free accounting software for nonprofits may appear as an attractive option, it comes with significant drawbacks.

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In the blogs: Here to stay

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email Department of Justice clipped; seven years of Wayfair; the true reason to change the Internal Revenue Code; and other highlights from our favorite tax bloggers. The IRS has lost almost a third of its auditors to DOGE cuts, and now the DOJs special tax crimes unit is axed.

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Mutual Fund Buy-Sell Tax Pitfalls

RogerRossmeisl

If you invest in mutual funds, be aware of some potential mutual fund buy-sell tax pitfalls that can surprise the unwary. Surprise sales You may already have made taxable “sales” of part of your mutual fund investment without knowing it. And each such sale is a separate transaction that must be reported on your tax.

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The golden rules to avoid a massive tax bill as a sole trader

Reckon

Hot on their lips is the nail-biting question: what if I don’t have enough coin in the bank to pay my tax bill? Most sole traders will know that they’ll need to file their business tax return to the ATO between 1 July and 31 October. All you need is a few software tools…and two separate business bank accounts! (A

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Top Remote Accountants of the Week | July 25, 2024

Going Concern

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

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Interesting Niches under a COVID Cloud

BuildYourFirm

Accounting for Digital Media (YouTube, Amazon FBA, Bloggers, eCommerce businesses). Accounting for Public Relations and Online Marketing Agencies. Accounting for Film Production. IRS Back Taxes and Problem Resolution (unfortunately but a reality). Accounting for Hedge Funds.

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Top Remote Accountants of the Week | August 22, 2024

Going Concern

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!