If your organization has revenues and losses from unrelated business income (UBI), your tax picture could change drastically under the new tax laws. Starting with tax years beginning after Dec. [...]
Businesses and nonprofits should expect changes when it comes to parking benefits. The Tax Cuts and Jobs Act (TCJA) has amended Section 274 to limit or remove tax deductions for [...]
The IRS and Treasury Department have released interim guidance on the new tax law affecting excise taxes on executive compensation for tax-exempt organizations such as nonprofits and higher education entities. [...]
In a move to protect donor privacy and ease reporting burdens, the Treasury Department and the IRS announced on July 16 that certain nonprofit organizations no longer have to report [...]
Now that The Tax Cuts and Jobs Act has been signed into law, virtually every individual and organization in America will be affected—including nonprofits. To help you better understand the [...]
Your IRS Form 990 is critical in demonstrating compliance with IRS regulations and informs the public about your programs, expenditures, and compensation. But the information it contains can also be [...]