article thumbnail

BOI Reporting 2024: Your Guide to Yet Another Fun Federal Filing Requirement

Blue Fox

What You Need to Know About Beneficial Ownership Information Reporting Look who's back with more paperwork! Just when you thought you had enough government forms to wallpaper your office, the Treasury Department said "Hold my coffee" and introduced BOI reporting. What on Earth is BOI Reporting? Let's get into the details.

Files 78
article thumbnail

Best tax credits for small business owners filing this year

Mashable Tech

The main difference between a tax deduction and a tax credit is that a tax deduction applies to your business income, which can potentially put you into a lower tax bracket and lessen the amount of taxable income you’ll report to the IRA. A tax credit is simpler — it reduces the dollar amount of taxes that you owe.

Business 110
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

StubHub’s IPO filing reveals 30% surge in profits in 2024

Fast Company Tech

StubHub’s 2024 revenue surged 29.5%, it reported on Friday in its U.S. “StubHubs filing follows on the recent filings of other high-profile deals set to go public soon, including CoreWeave and Klarna. trade policy. Its revenue jumped to $1.77 billion in 2024, compared with $1.37 million in 2023.

Files 68
article thumbnail

Cybersecurity group sues DOGE over data access

Mashable Tech

The Electronic Privacy Information Center (or EPIC) filed a lawsuit against the Department of Government Efficiency (or, sigh, DOGE) on Monday, per the privacy-focused non-profit's website. All of this follows a firestorm of reports over the past couple of weeks detailing what some have called a sort of coup of the U.S. government.

Group 139
article thumbnail

Demystifying the Overreliance on Tax Filings as Predictive of Future Results

NonProfit PRO

Many nonprofits make a serious error in thinking that the annual reporting of how the sector’s doing is predictive of the future. In reality, external factors such as changes in the economy, donor expectations, and leadership, have a much more significant impact on a nonprofit's future performance.

Results 246
article thumbnail

WeWork reportedly on the verge of filing for bankruptcy, stock plummets

TechCrunch

WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider.

Files 131
article thumbnail

5 Cybersecurity Best Practices for Your Nonprofit

Nonprofit Tech for Good

By Heather Mansfield , founder and editor-in-chief of Nonprofit Tech for Good According to the Nonprofit Tech for Good Report , 27% of nonprofits worldwide have experienced a cyberattack (email phishing, website hacking, ransomware, social media attack, etc.). Cybersecurity at your nonprofit must be a priority in 2024.

Practice 306