FTC’s New Rule Banning Non-Competes
The FTC has determined that non-competes are an unfair method of competition and thus a violation of the FTC Act.
The FTC has determined that non-competes are an unfair method of competition and thus a violation of the FTC Act.
The IRA introduced new rules allowing tax-exempt organizations to take advantage of federal tax credits for certain clean energy projects.
The new rule largely reverses the “core factors” test put into place during the Trump Administration.
The CTA introduces new reporting requirements for certain U.S. companies. Tax-exempt organizations are not required to file these reports.
This week is International Charity Fraud Awareness Week is organized by a global coalition of charities, regulators, law enforcement agencies, representative and umbrella organizations, and
As the popularity of cryptocurrency continues to grow, more and more donors are making cryptocurrency donations. As a result, cryptocurrency donations can provide significant tax
How common are online charity scams? The internet, social media, and email have made it easier to stay informed and connected with friends, family, and
Thoroughly research a charity before giving. What are they doing to serve the community, and do they actually do what they say they will do? How much of their costs go to overhead and administration versus providing actual services to the community they serve? The following organizations provide reputable information on how charities do business and spend their donations.
AdHoc said it best: For everyone that is feeling outraged by the multiple lives that have been lost at the hands of the police, we’d encourage you to channel that anger into action. For some, that action looks like self-education and awareness, or protesting, or speaking out amongst their friends and community. Another consideration may be giving to one of several organizations working diligently in the fight against systemic racism and violence.
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law. The CARES Act provides $349 billion in benefits for small businesses, including qualifying nonprofit organizations. Specifically, certain nonprofits are eligible for the Paycheck Protection Program and the expanded Economic Impact Disaster Loan program (EIDL). The CARES Act also provides payroll tax relief and expands the charitable deduction to all taxpayers for one year to incentivize charitable giving.
Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.