Nonprofit News

1099 Changes for Year 2020 and 1099-NEC Form: Your Questions Answered

January 7, 2020 by Jeron Comeau
Question:  1099 Forms will be changing for 2020. How will MIP be handling this? NOTE: This is a developing issue and is subject to change.   Answer:  Starting with Tax year 2020 form 1099’s will see major changes. The ...
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W4 Changes in Year 2020: Your Questions Answered

January 2, 2020 by Jeron Comeau
Question:  The federal government is changing the W4 form for 2020. Will MIP support these changes? Answer: MIP payroll and HR will be making changes to accommodate the 2020 W4 changes. This accommodation will be ...
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How Your Finance Team Can Protect MIP Data from Ransomware

November 8, 2019 by Jeron Comeau
ransomware
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Tips for Preventing Vendor Related Fraud in MIP

October 22, 2019 by Jeron Comeau
Fraudsters are creative. If there is a way to commit fraud, they will.
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How-to plan for scalability when selecting an accounting software

October 7, 2019 by Karen O'Connor
INTRODUCTION: No one wants to hear the words, "you've outgrown your software system", but it happens. Wouldn't it be nice to have it happen less often? We're going through a software transition ourselves right now. One ...
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What your nonprofit needs to do to prepare for the new FASB rules.

July 20, 2017 by Karen O'Connor
Introduction Twenty four years is a long time in our world. It's longer than some of us have been in the workforce. (Not me, but that's another post.) While it may be challenging to process the new FASB changes, which ...
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Summer Projects Series Revisited | Six software cleanup projects to tackle this summer.

July 7, 2017 by Karen O'Connor
We're having another beautiful summer. While it can be a little hard to focus on projects when the sun is shining, summer is often a less busy time of year for many of our nonprofits and therefore can be a great ...
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How-to plan for scalability when selecting an accounting software.

March 31, 2017 by Karen O'Connor
INTRODUCTION: No one wants to hear the words, "you've outgrown your software system", but it happens. Wouldn't it be nice to have it happen less often? We're going through a software transition ourselves right now. One ...
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Four Key Financial Reports Every Nonprofit CFO Needs to Use

March 16, 2017 by Karen O'Connor
We are inundated with data in our world today. Being able to sift through this data to understand it and, more importantly, to take action from it is critical to your organization's ultimate success. But, where to ...
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Five things finance departments need to do now to prepare for staffing turnover.

October 7, 2016 by Karen O'Connor
It's never fun when a key employee gives their notice. It's especially stressful if they are the only employee who knows how to use your financial software. But, there are things you can do to help minimize the stress ...
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