On April 15th, tens of thousands of not-for-profit organizations will have tax bills come due. “How can that be?” you ask, “I thought most non-profits have tax exempt status.” Well, effective with the 2018 tax season, you’re wrong.
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Zinner & Co. Supports The United Way of Greater Cleveland in 2019
Zinner & Co. is pleased and proud to support our long-time clients and friends at The United Way of Greater Cleveland for 2019. read more…
Board Member Involvement and Oversight – Board Members’ Series (Part 1)
Part 1 of a 5 Part Series
Do you ever wonder what challenges Board members are facing and how they are 
dealing with those challenges? Zinner and Co. plays a key role in helping organizations and their management team to overcome a wide range of obstacles. Our unique position of working with multiple entities allows us to take our experience and apply it to you and your organization.
Zinner Supports Accelerate 2019
Zinner & Co. is pleased to support Accelerate, an event being held by long-time Zinner 
client, The Cleveland Leadership Center. read more…
The Clarion Call for Nonprofit Transparency
The nature of charitable giving has changed, and there are four primary reasons for this:
- Technology has made it not only easier to give to charities, but to know about charities and how efficiently they perform.
- Changes in the U.S. tax code have created a disincentive for giving, especially for those who gave strictly for purposes of a tax deduction.
- The rise of Donor Advised Funds (DAF) has made it easier for donors to contribute meaningfully to a cause.
- Concerns for transparency and organizational efficiency have driven the need for increased disclosure and external oversight.
The 1 Thing You Should do RIGHT NOW to Improve Your Non-Profit’s Event Sponsorships in 2019
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.
Ask the Expert: Am I Being an Effective Board Member?
Chris Valponi, CPA
Audit and Assurance Manager
Q: I volunteer as a Board member for a mid-sized not-for-profit. At times, I feel that I am just going through the motions of reviewing and approving the balance sheet or the Treasurer’s report during our monthly board meeting. Are there duties that I could take on to be a more effective board member?
Pat M. – Volunteer board member, Cleveland
Charitable Giving: Are You Doing Harm by Doing Good?
Leaving a philanthropic gift to a charitable organization can be a rewarding experience, both for the donor and the designated organization.
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Does your Organization Have a Conflict of Interest?
Many not-for-profit organizations struggle to find qualified financial leaders for their boards. Often individuals possessing higher-level financial experience are asked to take on multiple roles, begging the question, “can a board member be both the treasurer and the chair of the audit committee”? 
Zinner & Co. Shows Their Purple to Promote Epilepsy Awareness
While the logo colors of Zinner & Co. are blue and silver 51 weeks of the year, purple was the weeklong preference from March 21- 26. Purple Day is an annual international celebration to create awareness and support for epilepsy and related seizure disorders. What began as a small initiative in 2008 by a young girl in Nova Scotia is now supported annually on March 26th by people in countries around the world.
“We are thrilled to participate in this annual event. In addition to our deep-rooted spirit of philanthropy, we also work to help others outside the firm learn about and better understand this chronic disorder,” said Partner Sue Krantz, CPA. 
Epilepsy affects about 2.3 million adults and 467,000 children 0-17 years of age in the United States, more than Parkinson’s disease, cerebral palsy, multiple sclerosis and muscular dystrophy combined. Of the major chronic medical conditions, epilepsy is among the least understood even though 1 in 3 adults knows someone with the disorder.
“Employees have been very creative with their show of support.
In addition to the office adorned with purple flowers and decorations, many made a donation to wear purple clothing throughout the week; some went as far as having purple nail polish, purple glasses and purple tennis shoes,” Krantz added. 
“Our Firm brought in lunch from California Pizza Kitchen on the day where they donated a portion of their sales back to the Epilepsy Association.” The week concluded with a purple-themed basket raffle and purple snacks and treats.
Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
Getting Older Still Has Its Tax Benefits
Bonus Senior Deduction Beginning with the 2025 tax year, seniors age 65 and older are eligible for a new tax break designed to provide meaningful relief at filing time. The new Bonus Senior Deduction, available through at least 2028, is aimed at helping...
Stay Safe While Shopping Online This Holiday Season
The holiday season is a time for joy, giving, and finding the perfect gifts for friends and family. Online shopping makes this easier than ever, but it also brings risks like scams, fraud, and cyber threats. To help you shop with confidence, here are 10 essential tips...
Employee Leave Donation
You may have heard the terms “donated leave” or “leave sharing” being used within the business community over the past few years. This has been something that various companies have adopted to help boost morale, promote compassion, and support their employees....
ODJFS adds new technology and customer service fee
In a letter dated Nov. 7, Ohio Department of Job and Family Services Director Matt Damschroder explained a new fee that employers will be charged on their quarterly unemployment insurance tax rate. Included within Ohio’s recently passed biennial budget (House Bill 96)...
What Does the Government Shutdown mean as Oct. 15 approaches?
Extended Filing Due Date Approaches for 2024 Individual Income and Gift Tax Returns As the Oct. 15, extension deadline looms for filing 2024 individual income and gift tax returns, what does the federal government shutdown mean for Internal Revenue Service employees...
Send us your questions and we’ll share our insights with you on our blog!