There are ways to minimize Unrelated Business Income resulting from a 168(h) election. Learn More.
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Entries by jheveron
An IRS rule change allows nonprofits to keep their exempt status when they change their legal entity. Learn more.
Charter schools are always subject to scrutiny because they draw money from public schools in the district. Learn more.
Download the complete newsletter HERE INSIDE THIS ISSUE: • Changes in Your Legal Form • New Financial Reporting Implementation Guide • New Publications and Updates from IRS • The De Minimis Indirect Cost Rate: Not All It’s Cracked Up to Be • Affordable Housing: Paying for Your Section 168(h) Election • The Other Public Support […]
IRS has a new way to search for eligible charities. Lear More.
If IRS is performing or contemplating an audit of a nonprofit, they generally look at the nonprofits website for indicators of unrelated business or improper activities. Learn more.
If you fail the traditional public support test you can still qualify as a publicly supported
charity if you qualify under the 10% Facts and Circumstances Test. Learn more here.
Download the complete newsletter HERE INSIDE THIS ISSUE: Changes in Your Legal Form New Financial Reporting Implementation Guide (view checklist) The Charities Bureau Moved! New Publications and Updates from IRS The De Minimis Indirect Cost Rate: Not All It’s Cracked Up to Be Affordable Housing: Paying or Your Section 168(h) Election The Other Public Support […]
Learn more about the 20% de minimus indirect cost rate, how it applies and what reimbursement you’re entitled to.
the document contains information about New York State workers compensation and unemployment for charities
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