Just a nagging reminder: employee and contractor info needs to be sent out by Jan 31. And if you can, send a year-end statement to donors who have given multiple times last year. It helps them file their taxes.

Finance is complicated. What starts as a simple checkbook, quickly turns into an entire support function with multiple steps and areas of expertise. 

The IRS requires that you split your expenses into programming, fundraising and management. And so do your donors.

Wow - January is over already? Time to close the books and sort through the financials. Yep - gotta do that every month.

W-2, W-3, W-9, 1099… where does it all end?! For now, let’s just worry about the January 31 filing deadline for reporting compensation paid to employees AND contractors.

Setting a clear, simple structure now makes sense for how you organize your files, take notes, allocate your time…and eventually how you grow your business.

It took a deadline to get this blog started.  What are the critical deadlines you need to think about and plan for as you enter the new year?