by pennextsteps | Nov 16, 2020 | Accounting for the Performing Arts, Taxes
What is a 501(c)(3) Nonprofit? 501(c)(3) Nonprofit In the arts industry, a common level of incorporation you may come across is a 501(c)3 not-for-profit. Under this incorporation, the nonprofit organization uses the surplus of their revenue to fulfill the entity’s...
by pennextsteps | Nov 16, 2020 | Accounting for the Performing Arts, Bookkeeping with Quickbooks
Bookkeeper vs. Accountant The terms bookkeeper and accountant are often used interchangeably. However, they both hold very different roles. So what is the difference between a bookkeeper and an accountant? Bookkeeper A bookkeeper’s job is to keep an organization...
