Nonprofit Accounting: How to Stay Tax-Exempt and Financially Healthy

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2025-02-27 09:20:15 - Translate -

Nonprofits serve communities, fund meaningful projects, and rely on donors. But to keep their tax-exempt status, they must follow strict financial rules. The IRS closely monitors how nonprofits manage money, and any mistake could lead to penalties or even loss of tax-exempt status. Nonprofits in Bronx, NY, must also follow state and local tax laws. This is where professional help becomes...

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