Hutter CPA, LLC

Has your nonprofit lost its tax-exempt status? Don't panic. There are ways to fix it.

My Nonprofit Lost Its Tax-Exempt Status—Now What? - Hutter CPA, LLC Finding out that the IRS revoked your 501(c)(3) status can be alarming. But you’re not alone, and it can be fixed. The most common reason this happens is surprisingly simple: failing to file the required Form 990 for three consecutive years. The key is to act quickly and understand your options fo...

For those in the early stages of starting a nonprofit:

How to Start a Nonprofit in Missouri: A Practical Guide - Hutter CPA, LLC Starting a nonprofit organization in Missouri can be incredibly rewarding, but there are several legal, tax, and operational steps you’ll need to take to get it right from the beginning. Here’s a clear roadmap to help you launch with confidence. Incorporate with the State of Missouri The first s...

Many nonprofits start with cash-basis accounting because it's simple and easy to understand. As organizations grow, however, accrual accounting often provides a more complete picture of their financial position and operations. If you've ever wondered about the difference between the two, this article breaks it down:

Cash vs. Accrual Accounting for Nonprofits: What’s the Difference? And What’s Right for My Organization? - Hutter CPA, LLC Understanding the difference between cash and accrual accounting is an important step in managing your nonprofit’s finances. While either method is acceptable in most situations, they present your financial position in very different ways. Cash Basis Accounting (Simple and Straightforward) Under t...

One of the biggest challenges for nonprofits is keeping up with ongoing compliance (not just year-end filings). There are multiple requirements throughout the year that are easy to overlook. I broke them down here:

Ongoing Compliance Requirements for Nonprofits: What You Need to Know - Hutter CPA, LLC Running a nonprofit involves more than just pursuing your mission. There are ongoing compliance requirements that must be met to maintain your tax-exempt status and remain in good standing. Missing these obligations can lead to penalties, loss of exemption, or issues with donors and funders. Here’...