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Nonprofit Newsletter

Check out our articles for nonprofit organizations below. Like what you see? Get timely updates about these topics and more delivered straight to your inbox by signing up for our monthly email newsletter.

Could outsourcing payroll be a good choice for your business?

Apr 11, 2024

Outsourcing payroll, also known as managed payroll, can decrease risk, increase accuracy, protect sensitive data and improve business continuity.

Trends reveal changing landscape for nonprofits

Oct 27, 2023

Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.

Watch out for employee retention tax credit frauds

Aug 16, 2023

Scammers are hyping quick, easy money from the employee retention tax credit, but despite what you might hear in the slick advertisements, the IRS has a warning for employers.

Artificial intelligence meets human intelligence.

Debunking 5 common myths about nonprofits and AI

Jul 28, 2023

How well do you know AI and its capabilities? Find out what AI can and can’t do in the nonprofit sector, as well as five of the biggest AI myths and the truth behind each one.

Tax-exempt status debate puts nonprofit hospitals on notice

Jun 5, 2023

The tax-exempt status of nonprofit hospitals is under scrutiny as Congress determines whether the benefit equates to the value provided to local communities.

Adjusting to the new lease accounting standard

Apr 6, 2022

Businesses and nonprofit groups are gradually adjusting to requirements of the new lease accounting standard, such as bringing most leases onto the balance sheet. Since ASC 842 can seem confusing, here’s a quick guide to ease the adjustment period.

Six tips to help you prepare for your next audit

Feb 24, 2022

Being fully prepared and organized can help your financial statement audit go smoothly and ultimately save your business or organization time, money, and headaches.

Diversity starts in the boardroom and the C-suite

Dec 3, 2021

Diversity, equity, and inclusion are buzzwords in modern strategic management. Here are some of the benefits that initiatives in these areas bring to public and private companies and how companies can showcase their progress in footnote disclosures and separate diversity, equity, and inclusion reports.

New infrastructure legislation includes notable tax changes

Nov 16, 2021

Congress has passed the Infrastructure Investment and Jobs Act after months of debate and negotiation. Find out what tax-related provisions have been built into the new law.

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“KraftCPAs has the experience and specialized training to provide us with the high quality, professional audit and tax services we need. They are always current on any new IRS rulings and give sound advice for best practices. They conduct their work with integrity and are very responsive when we have questions or seek advice.”

Scott Perry, The Memorial Foundation

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