2021 Updates for California Nonprofits

CA Secretary of State As of January 1, 2021, filings with the Secretary of State by a domestic (CA) corporation or a foreign corporation that is qualified to transact business in California must include the entity name and entity number as they exist on the Secretary of State’s records. This includes such filings as Restated […]

Nonprofit Tweets of the Week – 1/15/21

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The House made history Wednesday by impeaching a president for a second time, indicting President Trump a week before he leaves office for inciting a riot with false claims of […]

New COVID-19 Relief Package

The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (the “2021 COVID Relief Act”) was signed into law on December 27, 2020. The 2021 COVID Relief Act is a $900 billion part of the $1.4 trillion omnibus spending and appropriations bill that is viewed as the sequel to the Coronavirus Aid, Relief, and Economic […]

Nonprofit Tweets of the Week – 1/8/21

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “In 24 hours, Congress reconvened in a Capitol breached and battered by a pro-Trump mob, formalized Mr. Biden’s victory over the objections of more than 100 Republican lawmakers and found […]

Nonprofit Tweets of the Week – 1/1/21

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The U.S. stock market ended 2020 at all-time highs, enriching the wealthy and capping off a soaring comeback despite a deadly pandemic that has killed more than 340,000 Americans and […]

Best of the Nonprofit Law Blog 2020

2020 was a horrendous year for much of the world and for the nonprofit sector. But it came with reminders of longstanding problems and prices to pay for past actions and inactions, which will hopefully catalyze changes that need to be made in 2021 and beyond. For us at NEO Law Group, Erin and I […]

10 Significant News Events of 2020

2020. A devastating year for so many. But it will also be remembered as an inevitable one that forced us to confront some long-standing problems. Here is our list of 10 significant news events of 2020 affecting the nonprofit sector in the United States: COVID-19 (more than 325,000 deaths and 18 million cases in the […]

Nonprofit Tweets of the Week – 12/25/20

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “House Republicans on Thursday blocked an effort by House Democrats to approve $2,000 stimulus payments for millions of Americans. Democrats were seeking to advance the measure after President Trump demanded […]

California FTB Update for Nonprofits

Here are some updates from the California Franchise Tax Board (FTB) affecting nonprofit tax-exempt organizations: Changes Effective January 1, 2021 Form 3500 Application Fee Eliminated – Form 3500 applications received on or after 01/01/2021 will no longer require the $25 application fee. FTB will use the received date as the determining factor, so applications mailed […]

WCTEO 2020 Highlights: Nonprofits in Distress

The following are some of the highlights from the session on Nonprofits in Distress at the 2020 Western Conference on Tax Exempt Organizations (WCTEO), presented by Erin Bradrick (NEO Law Group), Ofer Lion (Seyfarth Shaw), Tania Moyron (Dentons), and Stephanie Petit (Adler Colvin): Zone of Insolvency, Bankruptcy, and Debt Restructuring Under California law, directors do not owe […]