Smaller charities, meaning those that have annual gross receipts of less than $25,000, may be at risk this year of losing their tax-exempt status. Under
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Free Sperm Isn’t Enough To Make Organization Tax Exempt
We do a lot of nonprofit and tax-exempt work at my firm. People come into my office with all kinds of ideas for charitable organizations.
Read MoreCharitable Donations for Haiti Tallied
It has been a grim year for most charitable organizations over the past two years. Giving has been down markedly, with gifts in 2008 representing
Read MoreFormer Detroit Mayor Indicted On Tax Charges
Former Detroit Mayor Kwame Kilpatrick was formally indicted yesterday on 19 counts of fraud and tax evasion. A federal grand jury returned the indictment, which
Read MoreAsk The Taxgirl: Charitable Deductions & Documentation
Taxpayer asks: What is it that you need to show you gave things to Goodwill or your school other than a statement from them to
Read MoreIRS Encourages Tax Exempts to File
IRS Commissioner Doug Shulman has issued the following statement about charities who have not yet filed their forms 990-N: Now that the May 17 filing
Read MoreThe Saga Of The 990-N
I’m sure that the IRS expected their charitable organizations section of the web site to be popular on yesterday but probably not as popular as
Read MoreTax Exempt Organizations Face Crucial Deadline
Years ago, small tax exempt organizations had it easy. So long as they raised less than $25,000 in a calendar year, they general didn’t have
Read MoreThink Pink This Mother’s Day
If you were to make a list of things about me and things about my mom, you’d notice a lot of differences. She lives in
Read MoreAsk The Taxgirl: Valuing Your Services For Charity
Taxpayer asks: Hi, I read your blog entry that explains that service time donated to a charity is not deductible. What if there is an
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