Consider tax, financial implications of joining a board

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Consider tax, financial implications of joining a board
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More than 1.5 million nonprofit organizations are in the United States, enough for almost any interest.

If you think board membership might be a good idea, look to the Facebook groups you belong to, the activities you and your family already enjoy, and which organizations you already contribute to regularly. If you have the resources and the organization is worthy, offering your time and energy to a nonprofit is highly recommended.

Michelle C. Herting, CPA, ABV, AEP, specializes in tax planning, trust administrations, and business valuations. She has three offices in Southern California.

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