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Rob Billy October 6, 2023 No Comments

The Ultimate Guide to Nonprofit Budgeting + Free Template

For new expenses, request quotes from vendors or providers to budget for these costs as accurately as possible. For example, you may reach out to the new bus company you plan to use for your organization’s summer camp to estimate how much their services will cost. Learn the essentials of developing a nonprofit budget—tips, best […]

Rob Billy September 1, 2023 No Comments

How Non-Profit Organizations Should Distinguish Restricted vs Unrestricted Funds in Bookkeeping

Unlock the full potential of your nonprofit’s financial health with Good Steward Financial services, where we strive to be good stewards of our community every day of the year. We understand that as the year-end approaches, many nonprofits may find themselves in a precarious financial situation. However, with our expert nonprofit bookkeeping services, this doesn’t […]

Rob Billy December 21, 2022 No Comments

Understanding Small Business Taxes: A Comprehensive Guide

Employers are also subject https://www.bookstime.com/articles/how-much-does-bookkeeping-cost to the FUTA tax, but employees do not have to pay this tax. S Corp distributions are taxed as part of your income for the year. You report any profits you receive from your business as income on your tax return. Are there any tax breaks for small businesses? Understanding […]