Financial Statements: The Best Part of Quickbooks

If you started a business and dabbled in Quickbooks, you probably realize that it is has very useful features. The ability to keep tracks of income and expenses, pay vendors and employees, and accept payments from customers are just the starting point...

Unrelated Business Income Tax For New Non Profits

Unrelated Business Income Tax (UBIT) is a critical issue to understand when starting a non profit organization. According to the IRS website, even though an organization is recognized as tax exempt, it still may be liable for tax on its unrelated business income. For...