Did the pandemic spark an idea within you to start a nonprofit? If yes, you may not be sure how to get a nonprofit formed or set up. Well, you are in the right place. Today’s guest has not only helped set up nonprofits, but she is also a trusted advisor for all things legal and financial.

In this episode of the P.O.W.E.R. Plug Podcast Host, Mary Foley speaks with Amy Corcoran. After 14 years working for the tax department of a large, regional CPA firm, Amy co-founded Corcoran and Bernard, a Certified Public Accounting Firm that specializes in providing tax services to individuals, small business owners, and nonprofit organizations. And the best part is that she makes it all understandable to all of us who are not accounting inclined.

Listen and Learn:

What makes a public charity a nonprofit? The approvals needed for an entity to become a 501c3 How to set up a 501c3 nonprofit Filing requirements for state and federal taxes How to get a Tax ID # (EIN) for a nonprofit organization What to expect when creating a nonprofit Avoid unintentional mistakes when forming a nonprofit Responsibilities of board members of a nonprofit organization Official free resources for nonprofits Accounting tips and tricks for nonprofits

 

Corcoran & Bernard CPAs — cb-cpas.com

[email protected]

National Council of Nonprofits — councilofnonprofits.org

IRS Guide for Nonprofits — irs.gov/charities-and-nonprofits

Episode 58: How to Apply for Grants to Procure Funding for a Nonprofit:

https://www.fidelitybankpower.com/podcast/episode-58-apply-for-grants-nonprofit-funding/