Service Organizations
Publication:
A description of publications available on service organizations
Published on June 22, 2012
Exempt Organization Online Search Tool Introduced
Article:
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 April 30, 2012
Unrelated Business Income from Alternative Investments State Considerations
Article:
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 April 17, 2012
Classification of Business Entities That Are Not Corporations
Article:
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
Revised 2008 Form 990 Requires Current Action
Article:
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 June 01, 2010
Disclosure of Nonincome Tax Contingencies Under ASC 450 for Not-for-Profit Entities
Article:
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 June 16, 2011
Qualified Sponsorship Payments and Advertising Income Analyzing Unrelated Business Taxable Income
Article:
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
U.S. Withholding Tax Imposed on Foreign Tax-Exempt Organizations
Article:
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 June 01, 2010
State Taxation of Exempt Organizations Unrelated Business Income
Article:
How an exempt organization computes UBTI for state income tax purposes varies from state to state
Published on May 31, 2013
Small Tax-Exempt Organization E-Postcard Requirements Finalized
Article:
The Pension Protection Act of 2006 made various modifications to the provisions governing tax-exempt organizations
Published on January 28, 2011
Employment Tax Reporting for Disregarded Entities
Article:
Many tax-exempt organizations have formed single-member limited liability companies (SMLLCs) as integral parts of their entity structure. However, SMLLCs with employees have new reporting requirements effective January 1, 2009
Published on January 28, 2011
AICPA News Update Vol. 14 No. 6
Newsletter:
New Service Organization Control Reports Replace SAS 70 Reports
Published on February 14, 2011
Transfers Between Controlled Entities Can Provide Surprises Under Sec. 512(b)(13)
Article:
Many tax-exempt organizations are growing into complex multi-entity groups including both nonprofit corporations that are tax exempt under Sec. 501(c) and for-profit entities, which are taxed accordingly
Published on January 28, 2011
Form 990 Filing Deadline for Tax-Exempt Hospitals Delayed
Article:
The IRS has announced that it is granting certain tax-exempt hospitals an automatic three-month extension of time to file their 2010 Forms 990. The automatic extension applies to Forms 990 with a due date before August 15, 2011; the IRS is also directing affected hospitals not to file before July
Published on July 20, 2011
New Form 990 Whats Confusing Filers
Article:
The redesigned Form 990 has been the subject of much discussion since the IRS released it in 2007, and several areas of confusion have been identified. This item highlights problems frequently encountered by practitioners, including many compensation issues.
Published on October 04, 2011