Category Archives: IRS

Mad as Hell at the IRS!

Allen Bromberger

In the past week or two, the IRS Exempt Organizations division (EO), the section of the IRS that deals with charities, has been under a brutal attack. This attack has mostly been led by the Tea Party, incensed at the … Continue reading →

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May 15 is Calendar Year Tax-Exempt Orgs Form 990 Filing Deadline

Karen Wu
Posted on May 14, 2013 by Karen Wu

Every nonprofit organization in the United States needs to be aware that May 15th is the deadline for filing Form 990 with the IRS for any organizations with a calendar fiscal year.  The IRS has been strictly enforcing the automatic … Continue reading →

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UBI Liability – Why the IRS Final Compliance Report for Colleges and Universities is Required Reading for All Nonprofits

Barbara Nagel

The IRS recently released its final Colleges and Universities Compliance Project Final Report.  The report is the result of a study by the IRS of the tax practices of 400 colleges and universities.   Among the topics discussed in the IRS … Continue reading →

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Delays at the IRS. What’s Going On?

Allen Bromberger

Anyone who has applied to the IRS for tax-exempt status in the past year or two knows that there are extensive delays in processing these applications. The processing time for applications, which has historically been about 3 months, started growing … Continue reading →

Posted in Federal Oversight, IRS, Nonprofit, Tax Exempt Law | 2 Comments

IRS Expansion of the Voluntary Classification Settlement Program – Benefit or Risk?

Allen Bromberger

The Internal Revenue Service is expanding its Voluntary Classification Settlement Program (VCSP), which provides partial relief from federal payroll taxes for employers who currently employ workers as independent contractors or nonemployees and want to now treat them as employees. Businesses, … Continue reading →

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Commission on Accountability & Policy for Religious Organizations Issues Report

Karen Wu

In December 2012, the Commission on Accountability & Policy for Religious Organizations presented a 91-page report to Senator Charles Grassley addressing various regulatory issues affecting the religious and broader nonprofit sector.  Entitled Enhancing Accountability for the Religious and Broader Nonprofit … Continue reading →

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Fiscal Cliff Legislation – Good or Bad for Nonprofits?

Clifford Perlman

On January 1, Congress passed The American Taxpayer Relief Act of 2012 to avoid the so-called “fiscal cliff.”   The law raises tax rates to a maximum of 39.6 percent for individuals with incomes over $400,000 and married couples filing joint returns with incomes … Continue reading →

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IRS Guidance on Efforts to Aid Victims of Hurricane Sandy

Karen Wu

On November 7, 2012, the Internal Revenue Service issued several bulletins that relate to charitable efforts to assist victims of Hurricane Sandy. Below is a summary of some of the key announcements. 1. Qualified disaster relief payments will not be … Continue reading →

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Three Denials – IRS draws the line between business and charity

Allen Bromberger

The IRS recently denied tax-exempt status to two organizations who were deemed to conduct too much “business” activity and not enough “charitable” activity. The two denials are the latest in a long line of rulings that require that a 501(c)(3) … Continue reading →

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DOL Worker Classification Enforcement Initiative is possible landmine for Nonprofits

Posted on August 21, 2012 by Seth Perlman

The Department of Labor (DOL) Solicitor, M. Patricia Smith, told an audience at the national meeting of the American Bar Association earlier this month that they will step up their focus on worker misclassification in an effort to probe into unfair labor … Continue reading →

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