A Business Tax Deduction for Working Pets If you’re a business owner, you may be able to deduct “ordinary and necessary” expenses related to keeping working animals. But the operative word here is “working,” for example, dogs that guard against illegal entry or cats that protect inventory from rodents. In general, such expenses as food,… Continue Reading
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7 Tasks For a Successful Nonprofit Finance Committee
A nonprofit’s finance committee oversees and keeps its board of directors apprised of the organization’s overall financial health. This should be more than simply scanning financial reports. An active finance committee is crucial to maintain a nonprofit’s health and reputation. The success of your committee depends on your board, staff and committee members understanding the committee’s… Continue Reading