Don’t Get Revoked! Retain Your Tax-Exempt Status
For exempt organizations, the IRS requires that you file a tax return each year that reports your total revenue, total expenses, and activities. You submit these annual tax returns based...
Political Participation from Exempt Organizations
According to the IRS, political and legislative activities are two separate types of operations within exempt organizations. Each has their set of rules and consequences based on the following criteria:...
Just the Facts: What to Know About Amended Returns
As much as we all tend to make tax season scary and stressful at times, tax returns aren’t necessarily the “be all, end all” threat we perceive. It’s true that...
Start a Nonprofit in 3 Simple Steps
Creating a nonprofit or charitable organization isn’t as easy as getting all your buddies together and doing community work for a noble cause. And at first glance, it may seem...
5 Key Points for a Nonprofit Community Impact Statement
When sharing the latest and greatest accomplishments of your nonprofit or charitable group, it’s typical of exempt organizations to issue a Community Impact Statement to donors, potential volunteers, and community...
4 Effective Blog Ideas for Nonprofits
There are many things you can do to increase community engagement with your nonprofit or charity. A least expensive and less time-consuming option is to create a weekly or bi-weekly...
Tax Tips for Nonprofit Volunteers
Volunteers are an indispensable aspect of any nonprofit organization or charity. They help complete the daily tasks required, which allows your organization to continue reaching its mission or goal. Many...
ExpressTaxExempt – E-file Solutions for Exempt Organizations
No matter how you look at, running a successful nonprofit or charity organization isn’t an easy accomplishment. There are sufficient planning and organizing that goes into managing donor contributions, fundraising...
IRS Lowers Nonprofit Applications
Outstanding news for organizations trying to seek tax-exemption status – the Internal Revenue Service reduced its processing fee for Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3)...