Pointers for Efficiently Keeping Track of the Donations You Bring In
Every smart business owner knows that the arduous and tedious – yet crucial – chore of consistently keeping the books straight is the backbone of any enterprise. For non-profits such as Lawyers to the Rescue, however, there is even more at stake. For charities, failing to keep track of what’s coming in and what’s going out could lead to errors that frighten off donors or, even worse, attract attention from the IRS. Even slight errors in reporting – intentional or not – can trigger an audit or threaten your charity’s tax-exempt status.
It is imperative that your charity’s lifeblood – donations – are tracked and cataloged accurately every time. Follow this guide to keeping track of your donations.