Charities and Nonprofits Internal Revenue Service

Enter the amount of initiation fees, capital contributions, and unusual amounts of income included in Part VIII. Statement of Revenue, line 12, Total revenue, but not included in the definition of gross receipts for section 501(c)(7) exemption purposes as discussed in...

When It’s Time to Hire a Bookkeeper

Simply put, accountants and bookkeepers do not do the same things for a business. Accountants are in charge of recording financial information as well as analyzing, reporting, and preparing tax documents. Bookkeepers, on the other hand, are responsible for the...