Tag Archives: nonprofit

Form 990 Due Friday!

Form 990 is due this Friday (May 15) for all nonprofits that have a January to December tax year (other than churches, which are not required to file). If your nonprofit is not able to file a version of Form … Continue reading

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Form 990 Filing Site Hacked

Form 990 Filing just got more complicated. The online service where 990s are filed electronically has recently been hacked. The Urban Institute, which operates the online filing site for the annual returns nonprofits must file, announced that it “recently discovered … Continue reading

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IRS Targets Nonprofit Self-Declarers

It’s official. IRS targeting of nonprofit self-declarers will begin this year. Most organizations that qualify for federal tax-exemption other than non-church 501(c)(3) charities do not need to apply for tax-exemption. Whereas may do, they can simply self-declare that they are … Continue reading

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A New Charity Reporting Option

There are many resources for finding out information about a nonprofit. The best option is to review an organization’s documents yourself. But if you don’t have time for that, where should you go for reliable reporting on nonprofits? The Direct … Continue reading

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Should Your Nonprofit Accept a Donation to Build?

Is your nonprofit considering constructing a new wing or building based on receiving one substantial donation? Before it does, the board should consider all possible outcomes, including ending up in court. Helga Wall-Apelt, a former board member of Florida State … Continue reading

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Effectiveness of Small Family Foundations

You have probably heard of behemoth family foundations, like the Bill and Melinda Gates Foundation, taking on huge causes, like fighting AIDS and malaria. Is it possible for smaller family foundations to also make an impact? YES, according to the … Continue reading

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Lady Gaga Boosts New Tax Plan

Earlier this week we told you that the House Ways and Means Committee is trying to force nonprofits to be more “effective” through a new tax plan. Thanks to Lady Gaga, the Committee has a new example of why such … Continue reading

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Charitable Deduction Under Attack – AGAIN

How much does your nonprofit rely on donations from wealthy individuals? Many nonprofit leaders are asking themselves that very question right now. Once again, calls from both Democrats and Republicans threaten to limit the charitable deduction. In his proposed budget … Continue reading

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Is it Better to Use Volunteers or Unpaid Interns?

Does your nonprofit use volunteers or unpaid interns? You may remember that last year California started fining employers who misclassify employees between $5,000-15,000 per incident in addition to any other penalties or fines. This not only applies to when an employee … Continue reading

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Money Back for Delayed 501(c)(4)s?

The Taxpayer Advocate Service (“TAS”) is an independent organization within the IRS that helps taxpayers having trouble dealing with the IRS. With the slogan, “Your Voice at the IRS,” it’s only natural that TAS weigh in on the IRS’ recent 501(c)(4) … Continue reading

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Contact The Law Firm for Non-Profits to learn more about how we can help in
launching, guiding or advising your tax-exempt, non-profit organization.