If your nonprofit organization has lost its tax-exempt status from the IRS, what should you do now? If certain types of 501(c) tax-exempt organizations do not file IRS Form 990s for three years in ...
How to Start a Business Association with 501(c)(6) Status
Our law firm helps professional associations succeed. We help professional societies, trade groups, chambers of commerce, real estate boards, and business leagues with their day-to-day legal issues, ...
Nonprofit Filing Requirements – Update IRS and other Government Agencies
Nonprofit & Tax-Exempt Organization Filing Requirements Nonprofit organizations have government filing requirements just like any other business. Many organizations are required to file annual or ...
How to Start a Church
We do all the work to form new churches. We off a quick, straightforward solution to the set up church that is a state non-profit corporation with formal 501(c)(3) status. If you've handle the ...
Social Clubs are Tax-Exempt? Nonprofit Law Basics: 501(c)(7) Social Clubs, Country Clubs, Golf Clubs, Fraternities
What is a 501(c)(7) organization? Not all tax-exempt organizations are private foundations or public charities. Under Internal Revenue Code Section 501(c)(7), social clubs like hobby groups, ...
What is UBIT (Unrelated Business Income Tax)?
A 501(c)(3) nonprofit is not taxed on revenue that comes from an activity that is substantially related to the organization's tax-exempt purpose (charitable, educational, religious, scientific, or ...
What are the benefits of having 501(c)(3) tax-exempt status?
Many people mistakenly believe that all nonprofits automatically have IRS 501(c) tax-exempt status or state tax exemption. So, first, is important to note the distinction between "nonprofit" and ...
What is a Fiscal Sponsorship?
What is a fiscal sponsorship? A fiscal sponsorship is an arrangement in which a 501(c)(3) nonprofit tax-exempt organization (the "fiscal sponsor") shares its tax-exempt status to another group for a ...
Do Nonprofits File Tax Returns? What is a 990?
Do nonprofits file tax returns? Most tax-exempt organizations are required to file annual informational returns with the IRS. Even though most tax-exempt nonprofit organizations do not pay federal ...
5 Items to Include in Donor Acknowledgment Letters – What to include for tax purposes?
What are donor acknowledgment letters? Donor acknowledgment letters are more than just a "thank you" letter. Most tax-exempt organizations have certain requirements to follow -- including providing ...