Nonprofits can now receive a refund of Parking Taxes paid in 2017 and 2018. The 2017 Tax Cuts and Jobs Act imposed the so-called “Parking Tax” on nonprofits. The Parking Tax required nonprofits to pay a new form of unrelated business income tax (“UBIT”) on amounts they incurred for providing transportation and parking benefits to …
Do you know the minimum wage for many nonprofit employees will increase on July 1, 2019? On that date, certain cities and counties in California, as well as the District of Columbia, New Jersey and Oregon, will increase the minimum hourly wage for nonexempt employees. The size of the wage increase may depend whether the …
Is your nonprofit a target for the Attorney General? This week, the head of the California Attorney General’s Charitable Trust Section, Tania Ibanez, provided an update on its enforcement of laws regulating charities. That update revealed that the Attorney General is scrutinizing charities that solicit donations for purposes related to veterans, cancer treatment and animal …
Since its inception, confusion has reigned with regard to the Parking Tax. Earlier this week, the IRS issued long-awaited guidance on the Parking tax. That guidance may even give your nonprofit a break (and maybe a tax-break). Before we go further, are you asking, What Parking Tax? In the 2017 Tax Cuts and Jobs Act, …
Katie Hill, former Executive Director of our client, PATH, was elected to Congress earlier this month. She will be representing California’s 25th District. The district serves Katie’s home town of Santa Clarita and other communities in northern Los Angeles and Ventura Counties. We had the pleasure of working with and getting to know Katie when …
Need help understanding a nonprofit’s reporting requirements with the California Attorney General’s office? Or help curing a nonprofit’s delinquent status with the agency’s Registry of Charitable Trusts? If so, help is here! The Attorney General’s Charitable Trust Section is providing a live webinar on October 30, 2018 at 10:00 a.m. to address these topics. Specifically, …
