IRS Unveils New Procedures for Reinstating Tax-Exempt Status
Organizations have new procedures for getting their exempt status reinstated
Published on March 01, 2014
Exempt Organization Online Search Tool Introduced
The IRS announced that taxpayers can find information about tax-exempt organizations in a new online search tool called Exempt Organizations Select Check
Published on May 01, 2012
Unrelated Business Income from Alternative Investments State Considerations
This item outlines possible tax compliance issues that nonprofit organizations should consider, particularly the focus from state taxing jurisdictions on unrelated business income generated by alternative investments
Published on October 01, 2011
Service Organizations Publications
A description of publications available on service organizations
Published on September 30, 2014
Revised 2008 Form 990 Requires Current Action
Exempt organizations and their tax advisers should be aware that significant changes in reporting rules for Form 990 may require current changes in procedures and an organization’s accounting system to...
Published on May 01, 2008
Classification of Business Entities That Are Not Corporations
An organization with two or more owners that is an entity separate from the owners and that is not a corporation is an eligible entity that can be classified as a...
Published on February 01, 2011
Disclosure of Nonincome Tax Contingencies Under ASC 450 for Not-for-Profit Entities
This item focuses on the importance of properly accounting for and considering the impact of nonincome taxes as they apply to not-for-profit (NFP) entitles.
Published on April 01, 2011
U.S. Withholding Tax Imposed on Foreign Tax-Exempt Organizations
When a foreign charitable organization earns U.S. source portfolio income it often has a choice to make: It can claim tax-exempt status (and thus an exemption from U.S. withholding tax), or...
Published on May 01, 2008
Qualified Sponsorship Payments and Advertising Income Analyzing Unrelated Business Taxable Income
Determining whether receipts qualify as sponsorship payments or advertising income can be quite burdensome for most nonprofit organizations. The item describes how to properly structure unrelated business taxable income so as not to adversely affect the organization’s cashflow
Published on December 01, 2010
Small Tax-Exempt Organization E-Postcard Requirements Finalized
The Pension Protection Act of 2006 made various modifications to the provisions governing tax-exempt organizations
Published on November 01, 2009