Nonprofit Accountability Nonprofit Finance Recruitment 
Top Nonprofits
FEBRUARY 23, 2024
Despite their tax-exempt status, nonprofits must still follow certain tax requirements when managing staff payroll, such as filing Form 990. According to Double the Donation’s nonprofit accounting guide , nonprofits must also issue Form 1099 to contract workers who are paid at least $600 for their services.
Top Nonprofits
JULY 2, 2024
However, typical savings accounts have a strict limit on how much FDIC coverage you can receive. Infinite Giving’s brokerage account guide explains the key differences in coverage for different types of nonprofit accounts: Standard nonprofit bank accounts can only access up to $250,000 in FDIC coverage.
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