Sec. 6652(c)(1) imposes a penalty on any tax-exempt organization for failure to file a tax return or failure to include complete or correct information on the tax return. For organizations with gross ...
The IRS reminds Form 990-T Corporate Filers of new tax law provisions that could affect the tax rate applicable to their UBTI. Specifically, fiscal 2017 corporate filers should apply a blended rate to ...
Tax-exempt organizations often provide deferred compensation to their officers, key employees, and most highly compensated employees. Like current compensation payable to such employees, deferred ...
Lansing, Mich. (WLNS) — Amid the Black Lives Matter movement, more people have been launching GoFundMe campaigns and journalists at local and national levels have been posting lists of Black ...
ROCK HILL, SC / ACCESSWIRE / May 1, 2023 / May 15th is a major deadline for nonprofit organizations that must file 990 series tax returns. Tax 990, formerly ExpressTaxExempt, makes it possible for all ...
To achieve their goals, philanthropic families and businesses seek to partner with nonprofits that can demonstrate operational sustainability and effectiveness over the long term. For those making ...
Tax-exempt organizations that operate in the State of California also have an additional filing requirement. The California Franchise Tax Board (FTB) requires organizations with annual gross receipts ...