[P.O.W.E.R. Plug Podcast] An In-Depth Guide to Setting Up a 501c3 Nonprofit Organization
Did the pandemic spark an idea within you to start a nonprofit? If yes, you may not be sure how to get a nonprofit formed or set up. Well, you are in the right place. Today’s guest has not only helped set up nonprofits, but she is also a trusted advisor for all things legal and financial.
In this episode of the P.O.W.E.R. Plug Podcast Host, Mary Foley speaks with Amy Corcoran. After 14 years working for the tax department of a large, regional CPA firm, Amy co-founded Corcoran and Bernard, a Certified Public Accounting Firm that specializes in providing tax services to individuals, small business owners, and nonprofit organizations. And the best part is that she makes it all understandable to all of us who are not accounting-inclined.
What makes a public charity a nonprofit?
The approvals needed for an entity to become a 501c3
How to set up a 501c3 nonprofit
Filing requirements for state and federal taxes
How to get a Tax ID # (EIN) for a nonprofit organization
What to expect when creating a nonprofit
Avoid unintentional mistakes when forming a nonprofit
Responsibilities of board members of a nonprofit organization
Official free resources for nonprofits
Accounting tips and tricks for nonprofits