OUR THOUGHTS ON:

SORT OPTIONS: Most Recent | Most Viewed

Potential Audit Relief for Charitable Organizations Soliciting in Pennsylvania

Charitable organizations soliciting contributions in the state of Pennsylvania could see changes coming to the thresholds for audit requirements. In September, ... read more >

Form 1098-T Reporting Requirements Change for Tax Year 2018

The Internal Revenue Service recently announced that colleges and universities will no longer have relief from the Box 1 reporting requirement on Form ... read more >

Approved IRS Form 1023-EZ Data Now Available Online

The Internal Revenue Service (IRS) announced that it will now make approved Form 1023-EZ data available to the public through its website. Form 1023-EZ, ... read more >

Exempt Organizations Extension Changes To A Single Request

As a result of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, this January, the IRS released an updated version of ... read more >

Can Public Charities Participate in Lobbying Activities?

Not-for-Profit

By Sarah Piot

Since 2016 is a presidential election year, many public charities may be wondering to what extent they can support candidates who back their charity’s ... read more >

Five Issues Presented by the Advisory Committee on Tax-Exempt and Government Entities

The Advisory Committee on Tax-Exempt and Government Entities (ACT) issued its annual report to the Internal Revenue Service (IRS) on June 8, 2016. The ... read more >

Form 990-N Submission Changes Effective February 29, 2016

On January 28, 2016, the Internal Revenue Service (“IRS”) issued an exempt organization update for those organizations required to file Form ... read more >

Attention Educational Institutions: IRS Announces Penalty Relief for 2015 Forms 1098-T

On January 7, 2016, the Internal Revenue Service (IRS) announced that it will not impose penalties on Form 1098-T, Tuition Statement, filed by eligible ... read more >

IRS Issues 2016 Tax Tables and Inflation Adjustments

Tax

By Sarah Piot

It’s hard to believe 2015 is already coming to a close. The IRS just reminded us of that by issuing the 2016 inflation adjustments and tax tables ... read more >

Are Museum Gift Shop Sales Considered Unrelated Business Income (UBI)?

In a recently released private letter ruling (PLR), the Internal Revenue Service (IRS) found that a museum's gift shop sales of certain items were ... read more >