Remove tag tax
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Setting Up a Foundation for Consulting Success

Successful Independent Consulting

This article covers two sides of the same coin for independent consultants: how to set up your business for success and what expenses to track to pay less tax. Let’s tackle the tax question first. What do I need to keep track of so I pay less tax? You’ll have to break them out by category on your tax return.)

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How RPA, NLP and ML will create the virtual workforce of tomorrow

Tom Spencer

Unlike structured database information that rely on schemas to add context and meaning to the data, unstructured information must be parsed and tagged in order to extract meaning from the text. For example, rather than needing to code, NLP can help users ask questions about complex data sets.

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Will Your Nonprofit Lose Charity Status on May 15?

The Nonprofit Consultant

Up to 25% of the nation's officially recognized 501(c)3 Nonprofit Organizations have never filed an IRS form 990; the nonprofit tax return. To compare it to personal taxes, it's more like the 1040 long form with extra schedules than the 1040 EZ. Tags: charity Nonprofit 990 taxes accounting.

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Can non-profit organizations meet all the needs for-profit businesses currently meet?

The Nonprofit Consultant

at least, nonprofits receive their tax-exempt status - 501(c)(3) - from the IRS. For example, I'm aware of a catering company that is a tax-exempt nonprofit. Tags: profit Nonprofit business. Well, actually, there is. In the U.S., Presumably, the IRS reviews that before approving the application. presumably.

Meeting 40
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Senate bill could spur charitable giving

The Nonprofit Consultant

New legislation, recently introduced in the Senate, would create tax-free "personal philanthropy accounts" to encourage pre-tax charitable giving. By making these deductions "pre-tax," it increases the employee's take-home pay (compared to making the donation after-tax) by reducing the amount on which taxes are calculated.

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Nonprofit Website Mistakes: Lack of Transparency

The Nonprofit Consultant

You have been granted your 501(c)3 (and your special tax status) to produce something of benefit to the public, and the public is, in many very real ways, the ultimate shareholders of your corporation - even more so than your board members, clients, or staff. Tags: web 2.0 Because that's what a nonprofit is: A public trust.

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Interim Executive Director Cost Savings Question

The Nonprofit Consultant

As an independent contractor, the organization is not paying the payroll taxes, health care costs, etc., Tags: interim Nonprofit executive director management. associated with a "real" employee. The bottom line is that the bottom line is not an argument for or against hiring an Interim. Getting things right is. And I'm available ;^).