Tax Exempt Organizations Articles
Create A Nonprofit Executive Search Plan — Before It Becomes Necessary
Posted by Cathleen Karpik on August 17, 2017
Even if there’s no immediate need for your not-for-profit to hire an executive, it’s smart to prepare for the process. That way, you’ll be ready to execute a search when the time arrives.
Why Your Nonprofit Must Avoid Excess Benefit Transactions
Posted by Aminatou Diallo on July 20, 2017
The IRS’s private benefit and private inurement provisions prohibit an individual inside or outside a nonprofit from reaping an excess benefit from the organization’s transactions. Violation of such rules can have devastating consequences.
Nonprofit Standards, A Benchmarking Survey
Posted by Donna Gonser on July 17, 2017
Nonprofit Standards, A Benchmarking Survey is available through our affiliation with the BDO Alliance USA. The survey provides tax-exempt organizations performance measurements across a variety of areas including strategic planning, operations, scope and impact, human resources and governance matters.
When Does Your Nonprofit Owe UBIT on Investment Income?
Posted by Donna Gonser on July 14, 2017
Failing to pay unrelated business income tax on certain types of investment income could have serious consequences for nonprofits, including loss of exempt status. Here’s what you need to know.
What To Do if Your Nonprofit Receives an IRS Audit Letter
Posted by Sarah Hopkins on June 09, 2017
Do you know what to do if your organization receives an audit letter from the IRS?
Restricting Deductions on Restricted Gifts
Posted by Robert Ingrasci on May 19, 2017
Donors of large gifts often put restrictions on their donations. Such gifts are subject to extensive IRS regulations. This article looks at various types of restrictions and how they can affect a donor’s ability to take a tax deduction.
Nonprofit Standard • Spring 2017
Posted by Donna Gonser, Sarah Hopkins, Cathleen Karpik, Robert Torella on April 13, 2017
The Spring 2017 edition of the Nonprofit Standard is available through our affiliation with the BDO Alliance USA.
Write Off Business-Related Vehicle Expenses
Posted by Megan Morris on January 01, 2017
If you're using your personal car in your business, how much can you deduct on your tax return for the vehicle expenses?