UBIT Silos: Proposed Regulations

On April 24, 2020, the IRS and Treasury Department published proposed regulations under the law commonly referred to as the Tax Cuts and Jobs Act (TCJA) that provide guidance on how a tax-exempt organization subject to unrelated business income tax (UBIT) determines if it has more than one unrelated trade or business, and, if it […]

Nonprofit Tweets of the Week – 4/24/20

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: “The House overwhelmingly passed a $484 billion spending package Thursday as the unemployment crisis deepened, a stark illustration of how policy makers continue trying to rescue an unraveling economy amid […]

BoardSource Facebook Live: Dissolutions & Mergers

On Tuesday, April 28, at 9 am PDT / 12 pm EDT, I’ll be on Facebook Live with Nadya K. Shmavonian (Partner, SeaChange Capital Partners.) and host Andy Davis (Associate Vice President of Member Education & Outreach, BoardSource) to discuss dissolution and mergers of nonprofits resulting the COVID-19 crisis. We’ll be responding to questions from attendees, but […]

Nonprofit Tweets of the Week – 4/17/20

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: “He Could Have Seen What Was Coming: Behind Trump’s Failure on the Virus … An examination reveals the president was warned about the potential for a pandemic but that internal […]

Fiscal Sponsors and COVID-19

You’ll find a wealth of information provided by numerous organizations and law firms regarding COVID-19-related issues facing nonprofits, including this page from the NEO Law Group. Such issues include those related to new laws providing for paid employee leave, small business (and nonprofit) loans, and enhanced charitable contribution deductions. However, these new laws, understandably created […]

Nonprofit Tweets of the Week – 4/10/20

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: “And yet, it took 70 days from that initial notification for Trump to treat the coronavirus not as a distant threat or harmless flu strain well under control, but as […]

Nonprofit Radio: Nonprofits and CARES Act

I was interviewed on a special edition of Tony Martignetti Nonprofit Radio released today, April 4, discussing specific provisions of the Families First Coronavirus Response Act and the CARES Act that apply to nonprofits. You can listen here. Below are some highlights of the two Acts and links to helpful resources. Families First Coronavirus Response Act […]

Nonprofit Tweets of the Week – 4/3/20

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: “President Trump lashed out at Congressional Democrats for announcing an oversight committee to monitor the virus response. Nearly 10 million Americans have lost their jobs. Critical medicines are running low.” […]

Nonprofit Tweets of the Week – 3/27/20

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: “In the United States, at least 81,321 people are known to have been infected with the coronavirus, including more than 1,000 deaths — more cases than China, Italy or any […]