One of the most difficult aspects of managing a Non-Profit is putting on successful fundraising events. Most fundraisers take months to plan and trying to get sponsors is always a last-minute scramble.
Investing in real estate is a great way to develop wealth and improve your cash flow. In addition to the benefits of receiving monthly rental income, you can also potentially realize some significant tax benefits.
Topics: real estate, investments
IRS Issues Guidance on Parking Expenses for Non-Profit Organizations
Topics: Tax Cuts and Jobs Act of 2017, not-for-profit, non-profit reporting
What’s IRMAA?
IRMAA stands for Income-related Monthly Adjustment Rate, and it is a monthly surcharge levied on high-income retirees as an adjustment to the fee they pay for Medicare Parts B and D coverage.
Well, 2019 is right around the corner, and before you know it important tax-related deadlines will be upon us. Due to changes in the tax code created by the Tax Cuts and Jobs Act (TCJA) we highly recommend you allow extra time in gathering required information for the 2018 tax season.
Topics: planning, taxes, income tax
The IRS recently issued guidance on tax withholding for the coming year. The redesign of the W-4 has been tabled until 2020 after the proposed form met with heavy criticism from groups like the American Society of CPAs. The W-4 for 2019 will be essentially the same as the 2018 with the exception of changes to the “withholding allowance” terminology used in the Tax Cuts and Jobs Act (TCJA.)
Topics: withholding, taxes, SALT, IRS
Ohio Tax Commissioner Joe Testa has announced that effective January 1, 2019, there will be changes to the state’s income tax withholding tables. These changes will be the first to the state’s withholding amounts since 2015.
Topics: taxes, SALT, income tax, withholding
Zinner & Co. is pleased to sponsor and support our long-time client, The Cleveland Play House, and their 2018 Festival of Trees. This year’s event marks the 19th consecutive year that The Cleveland Play House has hosted its Festival of Trees.
Topics: Community
Donor advised funds appear to be gaining in popularity and use. Part of the reason for this is due to changes in the tax code brought about by the 2017 Tax Cut and Jobs Act (TCJA.) The TCJA has made significant changes to the deductibility of charitable gifts…
Topics: Estates, Gifts & Trusts
