Nonprofit Roundtable Event: Feb 2, 2021
Rules for Donors: Acknowledgments, Memberships and Special Events
Join Madchen Petrie, Larson Gross CPA and Nonprofit specialist as she discusses rules for donors including acknowledgments, memberships and special events.
Now that 2020 is (finally) behind us, it’s time to acknowledge our donors and make sure they are able to take tax deductions for their generous donations. Unfortunately, it isn’t always easy for a nonprofit to navigate what their responsibilities are for communicating to donors, what’s deductible and what isn’t, or when deductions can and cannot be taken.
We'll be going over these questions, as well as a few tricky accounting areas such as memberships and special events, which often can have a contribution component.
Call us at (360) 734-4280 or fill out the form below to reach us.
Madchen Petrie, CPA
Madchen Petrie joined Larson Gross in 2019 with several years of experience managing nonprofit audits and Single Audits. Today, she’s a leader on our nonprofit team, assisting organizations with their tax, financial statement and consulting needs.