Nonprofit Tax
Contributions to Charities’ Single Member LLCs
For years, taxpayers and their advisors have wondered whether contributions to charities’ single-member LLCs are deductible. The IRS has issued Notice 2012-52 advising taxpayers that
For years, taxpayers and their advisors have wondered whether contributions to charities’ single-member LLCs are deductible. The IRS has issued Notice 2012-52 advising taxpayers that
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.
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