Josh Pollack, Rescue Animal CPA

10/01/2026

You may want to point out in your year end appeals there was a change on charitable donations.

Donors who take the standard deduction can now deduct up to $1,000 in cash gifts ($2,000 for joint filers).

That means everyone who contributes to your rescue in 2025 can get a deduction on their taxes.

09/20/2026

Are you listing on page 1 of your 990, the organization specifics accomplishments ? How many animals adopted, how many spay and neuters, how mant families you helped with food... Grantors and Donors are looking for that kind of info.

08/26/2026

I realize most recues are having a tough year with donations down. Maybe not right away but keep in mind 45% of nonprofits have no emergency fund at all. Once things start to get better, a safe Money Market account will help the next time your rescue hits a rough patch.

08/22/2026

There is now less than 3 months to file your rescue 2025 Form 990. If you dont file for 3 consecutive years, the IRS WILL revoke your tax exempt status. If you need help, reach out.

08/20/2025

Form 1099-NEC Independent Contractors

Beginning with payments made in 2026, the new law raises the threshold for information reporting on certain business payments from $600 to $2,000.

It should save rescues a few dollars by cutting down the number of 1099s issued.

08/16/2025

All of us CPAs know and appreciate that you are out saving so many lives but we are getting closer to the November 15th last date to file your 2024 Form 990 before being considered a late filing. The IRS will automatically send your rescue notices with obscenely high penalty and fee demands. Then you have to call us in a panic to get them abataed. The IRS will usually but not always write them off but why make life so hard? Get your CPA your info now while we are in slow season and get your 990 crossed off your list.

05/10/2025

IRS Form 990 for 2024 is due May 15th. The IRS happily will give you a 6 month extension by filing Form 8868.

07/13/2024

For any rescues that use QuickBooks.
There is a new scam where you get a phony invoice from a scammer. The one I saw had an incomplete address for Quickbooks

01/12/2024

It is going to be harder and harder to classify people as Independent Contractors. Please consider their 6 points in the article before not classifying them as an employee.
https://www.msn.com/en-us/money/markets/department-of-labor-issues-new-independent-contractor-rule/ar-AA1mKRsg?

The DOL has released a final rule that distinguishes gig and contract workers from employees.

12/30/2023

Wishing everyone in the rescue world, a very happy and healthy new year.