Nonprofit Industry

Unrelated Business Income - Three Important Tests for Charitable Organizations

By Maureen Thomas | March 22, 2013

As charitable organizations look to diversify their revenue streams, they need to be aware of unrelated business income tax or UBIT. Although tax-exempt

Tax Advisors

Hurricane Sandy, I Want to Help: Is My Contribution Tax-Deductible?

By Maureen Thomas | November 01, 2012

The East Coast and parts of the Midwest have been devastated by Hurricane Sandy. The storm system was nearly 1,000 miles wide at times and in addition

Nonprofit Industry

I Want to Help - Is My Texted Contribution Tax-Deductible?

By Maureen Thomas | August 21, 2012

Recently, millions of people have suffered from the flooding in the Philippines, wildfires in the western U.S., earthquakes, tsunamis, tornadoes, and even

Nonprofit Industry

IRS Announces 2012 Work Plan for Tax Exempt Entities

By Maureen Thomas | March 26, 2012

Recently, Lois Lerner, Director of Exempt Organizations for the Tax Exempt and Government Entities Division of the Internal Revenue Service, issued the

Nonprofit Industry

New Changes to Charity Registration in Ohio

By Maureen Thomas | January 10, 2012

The Ohio Attorney General will make on-line filing of charity registrations mandatory for nonprofits with fiscal years ending on or after November 30,

Insights