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A Look At The Corporate Transparency Act: Key Reporting Requirements
In the big world of rules and regulations, there's a new sheriff in town called the Corporate Transparency Act (CTA). Imagine it like a...

gallowaytax
Mar 28, 20243 min read


Understanding 501(c)(3) Organizations: Benefits and Limitations
What is a 501(c)(3) Organization? In the vast landscape of nonprofit organizations, the 501(c)(3) designation shines as a beacon of...

gallowaytax
Mar 28, 20242 min read


Maximize Your Impact: How to Make Tax-Free Donations with Qualified Charitable Distributions
Understanding Qualified Charitable Distributions (QCDs) Each year, individuals aged 70 1/2 or older can leverage a tax-efficient way to...

gallowaytax
Mar 12, 20242 min read


Cracking the Code: Form 990 Made Easy for Nonprofits
Form 990 is your report card to showcase the amazing things you do. We simplify it like enjoying your favorite ice cream!

gallowaytax
Nov 28, 20232 min read


Navigating Form 990 Made Easy: Solutions for Nonprofits
Navigating Form 990 made easy with Galloway Tax Express, LLC. Join our Nonprofit Form 990 Webinar to get a better understanding of Form 990.

gallowaytax
Sep 21, 20232 min read


Unlocking the Power of Tailored Tax and Financial Services for Nonprofits
Are you part of a nonprofit organization? Does the mention of IRS Form 990 and financial compliance raise questions or concerns? At...

gallowaytax
Sep 14, 20231 min read


21 Day Series, Day 9: Tax Strategies for Charitable Contributions
Did you know that charitable contributions can offer tax advantages for both individuals and businesses? Today, we'll explore how...

gallowaytax
Jul 24, 20232 min read


21 Day Series, Day 8: Nonprofit Tax Exemptions and Eligibility
Wondering if your organization qualifies for nonprofit tax exemptions? Today, we'll dive into the requirements and eligibility criteria.

gallowaytax
Jul 20, 20233 min read


21 Day Series, Day 7: Employee Taxes and Payroll for Nonprofits
If your nonprofit has employees, understanding payroll taxes and compliance is crucial. Today, we'll discuss key aspects of employee...

gallowaytax
Jul 19, 20233 min read


21 Day Series, Day 6: Tax Planning for Nonprofits: Effective Tax Planning Strategies for Nonprofits
Proactive tax planning can benefit nonprofits in numerous ways. Today, we'll share some effective strategies that can help your...

gallowaytax
Jul 18, 20233 min read


21 Day Series, Day 5: Understanding Nonprofit Tax Forms: Overview of Tax Forms for Nonprofits
Get an understanding and overview of the most common nonprofit tax forms and explain when and how to file them correctly.

gallowaytax
Jul 17, 20233 min read


Day 4: Reporting Requirements for Nonprofits: Fulfilling IRS Reporting Obligations
reporting obligations that nonprofits must fulfill, providing guidance and support to help you navigate this crucial aspect of nonprofit

gallowaytax
Jul 14, 20233 min read


Day 3: Tax-Exempt Status and 501(c)(3), Understanding Tax-Exempt Status for Nonprofits
Understanding Tax-Exempt Status for Nonprofits: Tax-exempt status grants nonprofits the privilege of being exempt from paying federal income

gallowaytax
Jun 29, 20233 min read


Day 2: Common Tax Deductions for Nonprofits
Did you know that nonprofits are eligible for several tax deductions? Explore common deductions that help nonprofits save money and support

gallowaytax
Jun 27, 20233 min read


Day 1: Introduction to Nonprofit Tax Preparation: Importance of Proper Tax Preparation for Nonprofit
Welcome to our 21-day series on nonprofit tax preparation! Over the next few weeks, we will explore various aspects of tax preparation

gallowaytax
Jun 26, 20233 min read


A Comprehensive Guide to Nonprofit Tax Compliance: Key Considerations for 501(c)(3) Organizations
Ensure your 501(c)(3) organization's tax compliance with our comprehensive guide. Key considerations for nonprofit tax compliance explained.

gallowaytax
Jun 21, 20234 min read
Tax Records: When To Dump
Taxpayers often question how long tax records must be kept and the amount of time the IRS has to audit a return after it is filed.

gallowaytax
May 9, 20233 min read


Signs: You Need Bookkeeping Assistance
Handling day-to-day tasks yourself helps to save money. However, entrepreneurs risk multiple errors and need bookkeeping assistance.

gallowaytax
May 3, 20234 min read


Save Time, Keystrokes with Recurring Transactions in QuickBooks Online
The last thing you need working with your company’s finances is a transaction that takes too much time.

gallowaytax
May 1, 20233 min read


Nonprofit Form 990 Survey
Nonprofits we would like to know what you think concerning preparing and filing Form 990 and its complexities on how we can help you.

gallowaytax
Jan 3, 20232 min read
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