November 14, 2019 RMD Required Minimum Distributions REQUIRED MINIMUM DISTRIBUTIONS from retirement plans: Enacted on September 2, 1974 as part of ERISA (Employee Retirement Income Security Act), this law, RMD Required Minimum Distributions, and later amendments and regulations require that any taxpayer upon reaching the April 1 following their 70 ½ birthday is required to…
It is essential for growing nonprofit organizations to have the correct tools in place to properly track financial data. Information from an accounting solution should be easy to access and enable key stakeholders to analyze reports and make informed decisions. Abila MIP Fund Accounting is a configurable nonprofit-focused accounting solution that helps nonprofits stay organized,…
With the Tax Cuts and Jobs Act of 2017 now signed into law by President Trump, three questions people are asking are: How does this tax law affect me? Will the tax law change my 2017 Taxes? Will I be able to prepare my own tax return considering my circumstances? Even without the new tax…
HANDLE FINANCIAL COMPLEXITIES AND GROWTH WITH TRUE FUND ACCOUNTING™ SOFTWARE A true fund accounting system, Abila MIP Advance™ enables nonprofit organizations and municipalities to boost fiscal stability and manage ever-increasing financial complexities with ease and confidence. By combining the time-tested Abila MIP platform with a modern, yet familiar user experience, powerful dashboard tools, and seamless…