After incorporating in your state and setting up your nonprofit’s 501(c)(3) status with the IRS, the biggest regulatory concern that you’ll have is maintaining ongoing compliance with the law. The regulatory filings required for both state and federal entities are used to determine whether your…
Nonprofit executive compensation tops the current list of IRS hot button issues. In recent years, the IRS has been ramping up its oversight and enforcement of nonprofit executive compensation. With all the rancor surrounding executive perks and bonuses on Wall…
This week, in the latest twist in the IRS targeting scandal, U.S. District Court Judge Emmet Sullivan threatened to hold the Commissioner of the Internal Revenue Service and Justice Department attorneys in contempt of court after the IRS failed to…
An Internal Revenue Service subcommittee put forth a recommendation to require all tax-exempt organizations to file their annual tax forms electronically. During its annual public meeting, the subcommittee, IRS Advisory Committee on Tax Exempt and Government Entities (ACT), recommended the…
The IRS has been ordered to answer questions on the status of certain emails of former exempt director Lois Lerner. The federal judge has ordered the agency to answer questions in response to a Freedom of Information Act request filed…
According to USA Today, the NFL league office will become a taxable entity after 70 years of operating as a 501(c)(6) business league. Despite having confirmation from the IRS regarding its status as a tax-exempt organization, the NFL has decided the…
The California Association of Nonprofits (known as CalNonprofits) has urged Charity Navigator to make two big changes in the way the organization evaluates nonprofits. The group sent Charity Navigator a letter after recent news of the watchdog’s CEO Ken Berger…
Ken Berger, who has led Charity Navigator for nearly the past seven years, has abruptly decided to leave his position with the organization, the Chronicle of Philanthropy reports. Berger stated in an interview that the organization “has been going through…
The House of Ways and Means committee passed seven bills this week, all of which aim to reform the IRS. It is part of the GOP House's efforts to come up with a 2016 fiscal year budget. Here is the…
According to Harold Hancock, legal counsel for the House Ways and Means Committee, tax code changes are possible this year for charities and other nonprofits. We talked about this last year (and the year before), but so far, nothing has…
