If your new or fast-growing not-for-profit could use an extra pair of experienced hands, an association management company (ACM), with its turnkey infrastructure, might be able to help.
The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2017
Nonprofits don’t face the same government regulations or public scrutiny as for-profit public companies do. But that doesn’t mean your board can afford to get slack about financial governance.
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