Gift Taxes and their Impact on Nonprofits

Welcome to Nonprofit Insights, a podcast focused on tax, auditing, accounting, and other topics in the nonprofit world. In this episode, BerryDunn's Joe Byrne, Emily Parker, and Katy Balukas answer questions our nonprofit tax and accounting teams receive every year. They discuss when employee gifts are and aren’t taxable, gift cards as donations to nonprofits, how to account for and track gifts, donor acknowledgement letters, and more.