GTE Tax Blogs

May 111 min read

Guide to Completing IRS Form 1023

Starting a nonprofit organization is a noble endeavor, but it requires careful planning and meticulous attention to legal details. One of...

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Revolutionizing 501c3 Approval with Templates

gallowaytax

Apr 232 min read

Revolutionizing 501c3 Approval with Templates

501c3 approval templates are pre-written documents that guide organizations through the application process for obtaining 501c3 status.

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The Importance of Timely Filing of Form 990 for Nonprofits

gallowaytax

Apr 192 min read

The Importance of Timely Filing of Form 990 for Nonprofits

Timely Filing of Form 990 for Nonprofits Future nonprofit rockstars and budding administrators, let's talk about something super...

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Mastering QuickBooks for a Successful 2024

gallowaytax

Apr 12 min read

Mastering QuickBooks for a Successful 2024

It's a time for tying up loose ends from the previous year and diving headfirst into the new one with Quickbooks.

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Charity Volunteer Tax Deductions Explained

gallowaytax

Mar 282 min read

Charity Volunteer Tax Deductions Explained

Learn about tax deductions for charity volunteers: travel, vehicle, entertaining, uniforms, and more. Understand IRS rules and requirements.

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gallowaytax

Mar 283 min read

The Tax Consequences of Gig Work

Your taxes are certainly going to be more complicated if you have "gig work" that you are accounting for.

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New Employee vs Independent Contractor Rule

gallowaytax

Mar 282 min read

New Employee vs Independent Contractor Rule

New Employee vs Independent Contractor Rule: Key Changes Explained Article Highlights: - New U.S. Department of Labor Rule - Rescinded...

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gallowaytax

Mar 283 min read

Major Tax Changes Coming Soon!

Major Tax Changes Coming Soon! Are you ready for big tax news? Let's break it down in simple terms! Remember when Congress made some big...

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A Look At The Corporate Transparency Act: Key Reporting Requirements

gallowaytax

Mar 283 min read

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...

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Understanding 501(c)(3) Organizations: Benefits and Limitations

gallowaytax

Mar 282 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...

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Maximize Your Impact: How to Make Tax-Free Donations with Qualified Charitable Distributions

gallowaytax

Mar 122 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...

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Cracking the Code: Form 990 Made Easy for Nonprofits

gallowaytax

Nov 28, 20232 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!

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Navigating Form 990 Made Easy: Solutions for Nonprofits

gallowaytax

Sep 21, 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.

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Unlocking the Power of Tailored Tax and Financial Services for Nonprofits

gallowaytax

Sep 14, 20231 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...

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21 Day Series, Day 9: Tax Strategies for Charitable Contributions

gallowaytax

Jul 24, 20232 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...

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21 Day Series, Day 8: Nonprofit Tax Exemptions and Eligibility

gallowaytax

Jul 20, 20233 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.

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21 Day Series, Day 7: Employee Taxes and Payroll for Nonprofits

gallowaytax

Jul 19, 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...

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21 Day Series, Day 6: Tax Planning for Nonprofits: Effective Tax Planning Strategies for Nonprofits

gallowaytax

Jul 18, 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...

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21 Day Series, Day 5: Understanding Nonprofit Tax Forms: Overview of Tax Forms for Nonprofits

gallowaytax

Jul 17, 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.

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Day 4: Reporting Requirements for Nonprofits: Fulfilling IRS Reporting Obligations

gallowaytax

Jul 14, 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

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