News
Nonprofit Accounting: Top 5 Reasons to Move to the Cloud
With cloud-based accounting, you’ll have a clear understanding of where your business stands financially, anytime, and from anywhere you have internet access. It’s real-time data you can trust — a significant asset for any nonprofit organization working with Qbix Accounting Solutions.
Lean Accounting: Why It’s Important for Nonprofit Success
What is lean accounting? Why should you care? What’s more, how do you implement it? Qbix Accounting Solutions breaks it down…
Qbix is starting a new team. Would you like to join?
Qbix is starting a new client services team! Qbix has been very fortunate, despite the pandemic, to have unprecedented growth. Nonprofits and small businesses alike are seeing the benefits of our well-trained teams and cloud-based solutions. Opportunities are remote...
Qbix 2020 Year in Review and Looking to 2021
What a year 2020 has been, huh? No one could have expected it to turn out the way it did. COVID-19 has been a game-changer for all of us. Every business and organization has had to work in new ways, requiring agility and quick pivots to keep up (Qbix included.) As a...
Nonprofit Financial Crisis: 5 Best Ways to Handle it Now
Do you foresee an impending financial crisis for your nonprofit? It's a scary prospect, especially with the current pandemic. Most know it doesn't take much for a financial crisis to occur. Examples include a terrible weather situation, a major cash-flow challenge, a...
The Must-Know Tax Implications for Working Out of State
During the pandemic, many of us fled home to find refuge in other places. Some moved in with mom and dad for a while. Others escaped to the safety of their secondary residences or vacation homes. Some got permission to work from anywhere in the country — and now find...
Trump’s Payroll Tax Cut: FAQs and What it Means for You
To put more money in American workers’ pockets, Trump’s new payroll tax cut may not be the pandemic relief many were hoping for. You see, it’s not exactly a "cut." It’s more like a tax holiday, or better yet, a tax deferral. Whether your business is a nonprofit...
Georgia Nonprofit Highlight: The Innovation Fund Foundation and QED Tax Credit
Now and then, we like to highlight one of our nonprofit clients on our blog. Granted, it's challenging to pick just one, as they all do such amazing work. But this time, we're putting the spotlight on The Innovation Fund Foundation (IFF). If you live in Georgia, keep...
Cryptocurrency: 3 Reasons Why Nonprofits and Donors Love It
Wait — cryptocurrency and nonprofits...all in the same sentence? Stick with us here, and you’ll soon understand why it makes a lot of sense (and literally, cents) for both donors and nonprofits. If you’re not familiar with cryptocurrency, Investopedia defines it as “a...
Rage Philanthropy: 7 Ways Nonprofits Can Use It to Their Advantage
"Rage philanthropy," also known as "rage giving" or "episodic giving," is a phenomenon that occurs as a result of specific events or news episodes. The phrase made its debut after the last presidential election — a time when progressive charities saw a significant...
Nonprofit Overhead Ratio: 7 Practical Ways to Reduce It ASAP
It's not a shocker that nonprofits are facing tremendous challenges during the coronavirus pandemic. To help, our recent blog posts, Nonprofit Survival During a Pandemic and Fundraising Tips for Surviving COVID-19, include methods nonprofits can use to stay afloat...
Nonprofit Survival During a Pandemic
It doesn't matter if you're a person, a company, or a nonprofit organization, we're all doing our best to survive the coronavirus pandemic. Nonprofits are at an especially high risk of breakdown since they're pushed to the brink. More than ever, people have increased...
Nonprofit Fundraising: Tips for Surviving COVID-19
Most nonprofits know that the spring and summer seasons are the most popular times to hold fundraising events. But not this year. COVID-19 has canceled many, if not all, of those charitable initiatives. The coronavirus has negatively impacted all types of businesses...
Charitable Solicitation Rules: Your State’s Adjustments
Keeping up with change is a challenge, especially for nonprofits. In today's pandemic-driven environment, there are more than ever — especially if your organization handles charitable solicitations. Recently, more than half of the states with solicitation reporting...
Nonprofit Donor Disclosure Rules: What’s New
Have you heard the latest in donor disclosure news? Recently, the IRS and the Treasury Department issued final regulations that changed the requirements for many tax-exempt organizations. The new rule means that most 501(c) nonprofits no longer have to report their...
Grants: Types, Management, and Tools for Success
Any nonprofit knows that grants are an essential part of the organization. They are the lifeblood that help achieve a nonprofit's mission. Knowing the types of grants that require management and the best tools to administer each is a key to success. Proper management...
Unlocking Growth: How Bookkeepers and Accountants Boost a Nonprofit’s Mission
Choosing the Right Form 990: A Simple Guide for Nonprofits
Optimize Your Nonprofit’s Pre-Tax Season Checklist: 5 Essential Steps
Want to Outsource Your Nonprofit Accounting? Key Questions to Ask First
Calendar Year-End vs. Fiscal Year-End – What Works Best for Your Nonprofit?