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Industry Focus
Not-for-Profit-Organizations
IN THIS ISSUE
Non-Cash Contributions
Top 10 Missed Deductions
Safeguard Your Church
Gift Acceptance Policy
 

OUR CORE FOCUS

We chose the nonprofit community as one of our core areas of specialization because we desire to invest our resources in organizations that serve others. In doing so, we are part of helping you realize your mission to change lives and better our community.

In addition to comprehensive accounting, tax,audit, compliance,and consulting services, we help your organization or ministry improve business operations, develop strategic plans, and improve financial reporting and internal control procedures. 
 
Our motto "Focused on Your Success" is our pledge to enhance the financial well-being of every client.
 
QUICK LINKS


 
New Things to Know About Non-Cash Contributions
By Carla Medrano

Non-profit organizations that accept donations other than cash, specifically property, food and books, need to know this information and pass it on to donors.
 
TOP TEN MOST MISSED
DEDUCTIONS FOR 2006

Taking a little extra time to gather information
for your tax return can make a measurable
difference in your taxable income. Find out
about this year's don't-miss deductions.
 
 
Safeguarding Your Church
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Safeguarding your assets and following IRS guidelines can be a complex task. Find out the answers to questions most
frequently asked questions by Pastors
 
 
 

Sometimes it's better not to receive

A gift acceptance policy outlines when to receive - or decline - gifts
Most not-for-profits are understandably reluctant to turn away any gifts. But there are instances when they should.

Find out when and why

 
I hope the Industry Focus adds value to your business. We welcome your suggestions or feedback!  
 
To your continued success,
 
Bill Sims
Salmon Sims Thomas
Salmon Sims Thomas | 12720 Hillcrest Road | #900 | Dallas | TX | 75230