Nonprofit organizations have unique missions and purposes, often dedicated to bettering society. However, even the best-intentioned organizations can face significant compliance and regulatory risks if they’re not proactive in managing their responsibilities. Explore three major areas of compliance risk and strategies to help nonprofits navigate them effectively.
Three major areas where strategic risk commonly arise for nonprofits are the inability to adapt to external shifts, the misalignment of programs with the organization’s mission, and a lack of innovation. Here’s a closer look at each, along with strategies to help nonprofits thrive despite these challenges.
In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations.
Nonprofits are exposed to legal risks that could have substantial financial and reputational impacts. Recognizing and managing these risks is crucial to maintaining trust with funders, partners, and the communities served. Here’s a look at three common areas of legal risk for nonprofits and how they can be effectively mitigated.
The IRS released Notice 2024-80 on November 1, 2024 announcing the new contribution and benefit limits for 2025.
The Historic Rehabilitation Tax Credit (HRTC) Program in Virginia offers significant financial incentives for restoring historic structures. By meeting the Standards, property owners can reduce their income tax liability, claiming up to 45% of eligible rehabilitation expenses—20% from the Federal government and 25% from the State.
In the nonprofit world, delivering impactful services and achieving program goals are paramount. Yet, as with any sector, nonprofits face specific risks that can impede [...]
The Virginia Enterprise Zone (VEZ) Program provides businesses with exceptional opportunities to invest in property development and rehabilitation while benefiting from state government incentives. Learn more about this program and if you are eligible.
Learn effective strategies needed to mitigate your financial and IT risks to address the sophisticated ransomware and social engineering attacks facing businesses today.
Learn about the significant impact of proposed tax law changes, including the elimination of current strategies and increasing tax rates on high net worth clients and their wealth planning. Join us Thursday, December 5, 2024 at 11AM EST.
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