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501(c)(3) Organizations prohibited from political activities

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Did you know 501(c)(3) organizations are prohibited from participation in any political campaign for or against any candidate for elected public office?

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Change Management Series: How to Plan for Change

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You and your team need to solve a problem—you need to make a change. But where do you begin? The second article in our Change Management Series sheds light on five steps to follow when planning for change.

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Why You May Want to Reconsider Games of Chance at Your Fundraising Events

If your nonprofit is hosting a fundraising event this year, you’ll want to think carefully about the activities you’ll include on the agenda: The Minnesota Department of Revenue’s (MNDOR’s) nonprofit fundraising sales tax exemption does NOT apply when gambling takes place at an event.

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Worried About Your Unemployment Insurance Bill? What You Should Know

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Great news for Minnesota nonprofits and businesses–lawmakers finally came to an agreement on how to repay the state’s unemployment insurance trust fund. How does this impact your organization?

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Change Management Series: Is Your Team Ready for Change?

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In this first article in our Change Management Series, we’re highlighting ways to prepare your team for change. Here are 10 best practices to follow.

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Is It Time For a Fractional Expert?

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When your business or organization is growing quickly, a fractional expert is a cost-effective solution to getting financial expertise and guidance without having to siphon funding from other revenue sources. They can save your staff time and save your organization money.

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2022 Tax Calendar

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The tax advisors at Abdo understand the importance of seeing the big picture when it comes to your tax planning. Whether you’re filing your 1040 individual return, a business return, or navigating through payroll taxes and employer regulations, we’re here to make sure you don’t miss any important 2022 tax deadlines.

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Understanding the Lease Standard: Preparing for the Update and How it will Affect Your Business or Nonprofit

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Join our team of experts as they walk you through the key features of the new FASB Lease Standard (Topic 842), what this ASU will mean for your business or nonprofit financial reporting, and how to ensure a smooth transition to this new compliance standard.

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Guiding a Minnesota Nonprofit Through Turbulent Times

In early 2020, MRCI was in the midst of transitioning to a more sustainable community-based service model. Then COVID-19 struck, and government shutdowns forced MRCI to cease operations.

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Webinar Recap: Single Audit Considerations for Nonprofits

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It’s safe to say every organization has grappled with change over the past year. If your organization accepted federal funding, it could be subject to certain reporting requirements as well as a single audit. To help you understand how to plan and prepare for this type of audit, we recorded a webinar on the topic. Here’s a quick recap of what we discussed.

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