BLS Insights

Discover the depth of BLS knowledge and information.

Month: November 2019

Is Venmo Fundraising the Next Big Thing for Nonprofits?

November 26, 2019

In a world of constantly changing donor demographics, nonprofit organizations need to be innovative when it comes to fundraising. According to a research study done by the Pew Research Center, millennials surpassed both boomers and gen-x’ers in 2016 to become the largest generational cohort in the U.S. workforce; this makes a societal wealth shift to … Continued

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Reasonable Compensation for S-Corporation Shareholders

November 25, 2019

For S-Corporation owners, complex regulatory environments and constantly changing tax laws make deciding upon the correct method and amount to pay yourself a burdensome endeavor. S-Corporation owners have an incentive to characterize income taken out of their business as owner distributions instead of wages to avoid payroll taxes and create potential Qualified Business Income (“QBI”) … Continued

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Essential Resources for Delaware Nonprofits

November 19, 2019

Managing a nonprofit organization can be a challenging task. It takes passion and drive to create, refine, and implement programs that serve the community or members. Whether it’s a trade association of Delaware dentists or an organization that delivers supplemental educational services to Wilmington’s youth, the challenges are many. For example, managing volunteers, attracting members, … Continued

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