Tax Exempt Organizations Articles
Posted by Megan Morris-Smith on November 29, 2021
The sun has set on the valuable Employee Retention Credit. Here’s what happened.
Posted by Robert Torella on March 02, 2020
The Taxpayer Certainty and Disaster Tax Relief Act includes three significant tax law changes that can affect not-for-profits. These groups include private foundations, telephone and electric coops, and charities that offer staffers transportation benefits. Some provisions may be effective this year and some are retroactive.
Posted by Cathleen Karpik on January 16, 2020
Under a little-noticed provision buried deep in the Taxpayer First Act, tax-exempt organizations will be required to file certain information returns and related forms electronically. Your not-for-profit organization should be prepared for this change that goes into effect for tax years beginning after July 1, 2019.
Posted by Cory Van Deusen V on June 14, 2019
On April 17, 2019, the IRS and Treasury issued its much anticipated second set of proposed regulations under Internal Revenue Code, Section 1400Z-2, Special rules for capital gains invested in opportunity zones.