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A Guide To Form 990 For Tax-Exempt Organizations

What is Form 990? Although many nonprofit organizations are exempt from paying federal taxes, the IRS requires tax-exempt organizations to file Form 990 for informational purposes. The IRS uses this informational return to determine whether you're still exempt from...

5 Critical Tax Tips For Nonprofits in 2019

No one enjoys filing taxes, but it can be especially problematic for nonprofits. Many nonprofits focus on their cause so much that they neglect proper organization. As a result, they deal with disorganized records and systems, and a lack of clarity around tax issues....

THE SMART BUSINESS OWNER’S LIST OF TAX DEDUCTIONS

For a business owner, taxes can be overwhelming and cumbersome. Tax deductions allow you to save thousands of dollars each year on your taxes and make tax filing a much more bearable experience. In this post, we'll list some of the tax deductions you can use to...

The Smart Business Owner’s List Of Tax Credits

One of the best ways to cut costs as a business owner is to take advantage of all the tax deductions and tax credits for which you're eligible. As a business owner, you're concerned with the bottom line--increasing your net profits. That probably means you spend most...

PRESS RELEASE: Cassidy Jakovickas, CPA of Fresno, CA Appointed to Intuit’s Accountant Council

Select Panel Advises on Products and Services that Accountants and Their Clients Want Most             FRESNO, CALIFORNIA – June 4, 2019 –Today, Intuit, Inc (Nasdaq: INTU) announced that Cassidy...

Beyond The Numbers: What We’ve Been Reading

Although our team loves using numbers and spreadsheets to help our clients make the best financial decisions, we also enjoy reading great books. Staying well read on both fiction and non-fiction books helps us hone our imagination and introduces us to new, sometimes...

Looking Back At April

It’s hard to believe that we’re at the end of April, but it’s true! This month, we helped our clients wrap up another great (and busy) tax season. There was, as always, a lot of paperwork, emails, and nail-biting involved in the days preceding April 15, but that’s all...

5 Last-Minute Tips For Filing Taxes in 2019

Well, April 15 is almost here, and the tax-related panic is thick. If you haven’t filed your 2018 tax paperwork and are rushing to get your taxes in by the deadline, we’ve decided to give you some last-minute tax advice that will hopefully help ease your stress....

An Introduction To Cybersecurity for Business Owners

Keeping your sensitive business and customer data secure has never been more critical. Whether you are a small business or a national corporation, you can't relax your defenses against those criminals seeking to take advantage of lazy cybersecurity policies. Virtually...

March News Roundup

Wow! It seems like we just started March and we’re already moving into April! As we move into the final stretch of tax season, we’re recapping this month’s news for you, just in case you missed it amid the tax-related hubbub. MBS Accountancy: November Review This...

Thank a Service Member: The Great American USO

Reading Time: 2 minutes

usoWorld War Two was a trying time for our country. The war was going on in Europe, but was brought close to home in ways that unsettled the very core of American happiness. Men and women young and old lined up to do whatever they could to help the war effort. It was during this time that the United Services Organization, or the USO, was developed. February 4, 1951 was the founding day of the USO, and more than 60 years later the USO exists as a great way to support service men and women who are involved or are a veteran of any form of military service.

The USO was created as a way to bring a sense of home and comfort to the people serving in our Military. To this day, the USO exists as a way that Americans can easily pay back and support military service members with simple donations. In 140 centers across the world, the USO operates mobile canteens that add a touch of comfort to the military lifestyle.

The Creation of USO Day

Thirty years after the formation of the USO, President Richard Nixon addressed the nation and brought awareness to the many great deeds that the organization does for service men and women across the world. In 1971, Nixon made a proclamation declaring that February 4th be thereby known as USO day; a day dedicated to supporting the USO and urging people across the United States to participate in the many activities and fundraisers that the USO organizes.

Nixon made a heartfelt proclamation on behalf of the USO, saying that the USO has consistently been the one to answer the battle cry of the forlorn soldier. As Nixon stated on February 2, 1971, the USO “continues to give an answer to the two questions always on the minds of the young men and women in uniform, Does anyone know I’m here and Does anyone care? Over the years, the USO has continued to give a resounding YES on behalf of all thoughtful Americans.

So this February 4th, take the time to appreciate those who have served or are currently serving. You can contact a local branch of the USO to find out how you can get involved.

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