From the Church of Satan to Key Worldwide Foundation (a target in the recent college admissions scandal), what constitutes tax-exempt status has continued to be a hot button
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NFL Flagged With Another Challenge To Tax-Exempt Status Because Of Redskins
With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?
Read MoreFix The Tax Code Friday: Charitable Org Reporting
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
Read MoreSmaller Charities Get Important Extension
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
Read MoreFree 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 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
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Can IRS Save The Press?
For months now, we’ve heard tales that the newspaper industry as we know it is “done.” Several big-name papers have announced that they’re closing down
Read MoreNot Such a Gay Ol' Time in California
When all else fails, hit ’em in the pocketbook… This week, supporters of Proposition 8, which would ban gay marriage in California, released an ad,
Read MoreGOP In Galveston, TX Works To Remove Scientology Status
Last month, a delegate from Galveston County, Texas presented a proposal to the Republican National Convention to revoke tax exempt status for the Church of
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