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In addition to your IRS Form 990, we’ll prepare any and all additional tax forms required by your state or local government. We segregate duties and provide control activities to provide an internal line of defense for your nonprofit. All grants and gifts are included in your total revenues if you run a non-profit. Zeffy

The following steps can help you get your construction accounting started on the right foot and help you stay on top of your bookkeeping and financial management. Retainage refers to the portion of payment that is withheld until project completion (or another pre-specified time). This motivates construction companies to complete the project to the customer’s

After all, the board’s main responsibility is financial oversight or serving as a fiduciary. And when you think about grants (we do that a lot here at Instrumentl!), it’s true that many funders often require you to provide grant budgets in your applications. To counteract such challenges, you can use these five best practices to