Is it Time to Review Your Nonprofit’s Registration Requirements?
Nonprofit organizations with $50,000 or more in gross receipts are required to file a Form 990, Return of Organization Exempt from Income Tax, or Form 990-EZ, Short Form Return of Organization Exempt from Income Tax. Returns are due on the 15th day of the 5th month after the end of your organizati
New Limits on Charitable Deductions in 2021
The new tax laws continue 2020 CARES Act changes that increase the above-the-line individual tax deduction to $300. In addition, the new rules double the deduction for married couples filing jointly to $600; the 2020 CARES Act did not have a provision that permitted couples to claim an additional am
2021 IRS Compliance Priorities for Tax Exempt Organizations
At the beginning of each fiscal year, the IRS releases guidance on its compliance priorities for tax-exempt and government entities (TE/GE) and explains how those priorities align with the agency’s strategic goals. This year, the IRS has streamlined its usual annual long letter approach into a s
What Your Nonprofit Needs to Know About Lobbying
Can your nonprofit lobby without jeopardizing its tax-exempt status? In short, yes. The IRS permits lobbying within specified limits. And some activities may not even be considered lobbying at all. Here™s what you need to know.
CharityLawyer Blog offers plain language explanations of complex nonprofit law concepts, discussions of current events and links to valuable resources for nonprofits.
Announcement – Ohio Law Change
Ohio law change – Senate Bill 227 has been signed into law and impacts all charitable organizations (domestic and foreign) registered to solicit under Ohio Revised Code section 1716.02. Effective April 6, 2017, all annual reports with a due date of April 17, 2017, and after may be subject t
Charity Website Disclosures
In today’s world of technology and the World Wide Web, almost all charities have a website. If your charity has a website, here are a few tips regarding charity website disclosures that are recommended: Key Documents The organization should make the following accessible to visitors of their w
North Dakota Annual Report for Charitable Solicitation
North Dakota’s Charitable Solicitation Annual Report is due September 1. The Annual Report can be obtained online. Note that North Dakota does not require a copy of the organization’s tax return. If your organization’s fiscal year ends between June 1, 2017, and September 1, 2
Nonprofit Registration Strategies for Small Organizations
Yes, charitable registration laws really do apply to small charities, but there are nonprofit registration strategies that can help keep small organizations in compliance. Many states have minimum fundraising thresholds, but those thresholds generally apply to funds raised by the organization nation
Free download: How to Start a Non-Profit Organization
As the solution unfolds, you realize you need to raise funds to turn that dream into a reality. At this point, many visionaries jump to filing for tax-exempt status.
