Charitable giving, nonprofit tax rules, and what donors and organizations need to know to give (and receive) the right way.
Despite the fact that many predict that the cost of gas will inch up to $4 per gallon by the holidays, the standard mileage rates for 2011 are just slightly different than those for 2010. The IRS has announced the standard mileage rates for 2011 as follows: 51 cents per mile for business miles driven…
This week kicks off the 2010 version of 12 Days of Charitable Giving, an annual feature on taxgirl.com. Keep checking back to see which charities my readers recommend you consider when making your donations this year. In the meantime, I’ve written a piece for Forbes with some charitable giving tips. You can read it here…
Z Street, an organization “devoted to pro-Israel education” filed papers in federal court last week arguing that the Internal Revenue Service continues to engage in behavior which violates its Constitutional rights. The memorandum, which was filed in the US District Court for the Eastern Division of Pennsylvania, is technically “In Opposition to the Government’s Motion…
There are 39 days left until the end of the year. That means you have just a little over a month to whittle down your taxable income. Sure, you could buy your entire staff a set of taxgirl mugs for the holidays – or you could make a nice charitable donation. It’s the “feel good”…
The IRS has announced that they are seeking applicants for the Advisory Committee on Tax Exempt and Government Entities (ACT). The ACT is an organized public forum for discussion of issues between officials of the IRS and representatives of exempt organizations and related communities. Individuals, organizations, and groups affiliated with employee plans, exempt organizations, tax…
The IRS has been ramping up its campaign advising that charitable organizations of all sizes are now required to file annual information returns. The annual gross receipts of the charitable organization determines the kind of return to be filed. This has become a confusing issue for many smaller charities which have inconsistent receipts – some…
Some folks think that football is just a game. In many parts of the country, those folks would be wrong. In the South (and indeed in other places around the country like State College, PA), football has assumed a level of importance right next to God; in fact, we often joke in the South that…
Charitable organizations with annual gross receipts of $25,000 or less have just a few more days to get compliant under an important deadline extension from IRS. In July 2010, the IRS issued a statement (you can read the statement online here.) So really, what all of this means is this: The new deadline for filing…
Terry Jones, the controversial pastor of Evangelical Dove World Outreach Center in Gainesville, has been making news all week for his plans to burn copies of the Koran. It’s his little protest to mark the anniversary of 9/11. He has the support of his entire church – all 50 members or so of them. And…
It’s an important election year. I’m sure you’ve heard that about a million times. That, of course, leads to discussions about the importance of the political process, getting out the vote and – oh yeah – mudslinging. I’ve already seen ads on both sides that make me queasy. I’m not sure what either party hopes…