Navigating tax compliance is a crucial responsibility for nonprofit organizations. To ensure a smooth tax season and maintain your organization’s good standing, follow these key tax tips for 2025:
Your Tax Preparer of Any Changes
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May 6, 2025
Operational reserves
Operational reserves are funds an organization accumulates over the years by operating with a surplus. Consciously building a reserves fund allows the organization to:
- be prepared for the inevitable rainy days
- adjust to seasonal variances in revenue
- seize an unprecedented opportunity when it knocks on the door
Operational reserves demonstrate wise risk management and smart financial planning.
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