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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Read the following tips on how to start a nonprofit organization before launching your charity, so it can be successful from the start.

Filing 162
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

An individual who understands their own unique work and life circumstances will find their key sense of self-awareness to be an essential skill when organizing for tax season. According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.”

Legal 264
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Stay organized and secure with electronic records management

BMT Office Administration

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Such a management system utilizes information technology to organize and store records in electronic form.

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When Nature Calls, Boston Harbor Now CEO Kathy Abbott Answers

Success

Created in 2016, Boston Harbor Now is a merger of two nonprofit organizations—Boston Harbor Island Alliance and Boston Harbor Association. Abbott says she experienced discrimination on “multiple fronts” as an openly gay woman working in male-dominated conservative organizations. I really wanted to try nonprofits.”

2003 312
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It’s time to review (or create) your document retention policy

BMT Office Administration

Defining what types of documents your organization must keep as a record, their retention period, and their destruction policy also gives your organization credibility in the eyes of outsiders. Legal consult proves especially helpful in matters involving the organization’s litigation hold policy. Per the U.S.

Policies 105
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. However, besides simply staying organized and complying with federal laws, personnel files provide a whole host of other benefits, so let’s take a look at them.

Filing 52
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4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. The recommended emergency fund amount to save for is three to five months of living expenses (think rent, utilities, phone bills, and so forth) in some form of cash. You should consult your own tax, legal, and accounting advisors.