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Gifts-in-Kind — More difficult for Small NPOs — and why accurate valuations are so tough to come…
Another post a guest wrote for nonprofitupdate.info. Here’s the link: http://nonprofitupdate.info/2013/07/29/giks-more-difficult-for-small-npos-and-why-accurate-valuations-are-so-tough-to-come-by/ Valuing gifts-in-kind is not an easy task. Nor is it quick. There are not-for-profit organizations that appear to be aggressive with GIKs valuations — a quick internet search will reveal that truth. Not convinced? Ask the IRS for their opinion. Then there are others that take…
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What about Underreporting Gifts-in-Kind?
I had originally published this on a fellow CPA’s blog (http://nonprofitupdate.info/) a while back but am reproducing it here on my blog. Here is the link to the original post: http://nonprofitupdate.info/2013/05/22/guest-post-what-about-underreporting-gik/ There has been quite an amount of discussion, articles, and consideration given to recording gifts in kind. However, I would like to ask nearly…
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First
Hello. And welcome. Though I fully intend to not publish weekly, yet I hope to publish when I have time and something meaningful or helpful to say. Several areas of interest or expertise include: – Accounting – Non-profits – Economics – the state of California (as a whole. The good and bad) – Theology I…
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Jeff Beaumont 