Posts Tagged: IRS

IRS Makes Progress on Exemption Application Backlog

August 22, 2014 Posted by Jessica Shofler in IRS, News, Nonprofits

At the beginning of 2014, 15% of the exemption applications still on backlog with the IRS were more than one year old. The IRS Tax-Exempt and Government Entities Division (TE/GE) announced this week that the division has since closed 97% of those cases. According to TE/GE’s deputy commissioner, Donna Hansberry, the division is “on pace …

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Does Your Nonprofit Pay Its Payroll Taxes?

August 20, 2014 Posted by Jessica Shofler in Accountability, IRS, News, Nonprofits, Taxes

According to a recently released report from the Treasury Inspector General for Tax Administration (TIGTA), although most exempt organizations pay their federal taxes, more than 64,200 of the nearly 1.7 million organizations recognized as exempt (or 3.8%) had nearly $875 million of federal tax debt as of June, 2012. This included payroll taxes, unrelated business …

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Can Donors Trust 1023-EZ?

August 1, 2014 Posted by Jessica Shofler in Donations, IRS, News, Nonprofits

Donors rely on 501(c)(3) to indicate that an organization is carrying out charitable activities. But since the IRS released the streamlined exemption application (Form 1023-EZ), should they still do so? The National Taxpayer Advocate (TAS) is an independent organization within the IRS that helps taxpayers who are having trouble resolving problems with the IRS. On …

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Failure to Preserve Lerner's Emails Violative of Federal Law?

July 22, 2014 Posted by Jessica Shofler in IRS, News, Nonprofits

The IRS’s failure to preserve former IRS official Lois Lerner’s emails is continuing to be problematic for the IRS and now appears to be causing trouble for the White House too. Cause of Action, a 501(c)(3) nonpartisan government watchdog, recently released a memo alleging that the IRS’s failure to preserve Lerner’s emails may constitute a …

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IRS Releases Short Form Exemption Application – Form 1023-EZ

July 11, 2014 Posted by Jessica Shofler in IRS, News, Nonprofits

The IRS has forged ahead in the face of opposition from charity regulators and several nonprofit associations and introduced a short form exemption “application.” To be eligible to use the form, an organization must be able to answer “No” to each of 26 yes or no questions, including the following 3: Do you project that …

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