By NEO Law Group
The new tax law, the Tax Cuts and Jobs Act, despised by a great majority of the public and leading nonprofits, is now law. Nonprofits should be aware of these provisions and how they may impact their fundraising and operations. Part 1 – Fundraising The following temporary* provisions in...
The past 12 months have featured many major events that have affected, and will have long-term implications for, the nonprofit sector. In January, women all over the world marched for gender, racial and economic equality, and throughout the year, women shared stories of sexual harassment and assault, illuminating how...
On November 9, 2017, we got our first look at the Senate Tax Bill following the release of the House Tax Bill (see Nonprofits and Tax Reform: 2017 House GOP Plan). Both Bills are proposing major tax reforms, highlighted by $1.5 trillion in tax cuts mostly benefiting the ultra-wealthy. According to the...
We, at NEO Law Group, wish all of you a Happy Thanksgiving! Not what we say about our blessings, but how we use them, is the true measure of our Thanksgiving. – W.T. Purkiser 4 reasons gratitude is good for you (USA Today) Research has shown that one of...
So far, 5,500+ charitable nonprofits, community and private foundations, and for-profit entities have signed the Community Letter in Support of Nonpartisanship to protect the 501(c)(3) community from the ravages of partisan politics. The NEO Law Group is proud to have been one of the first organizations from all 50 states to have signed. Why? Because if the proposal...
Stabilizing nonprofits in a changing real estate market The Nonprofit Sustainability Initiative helps San Francisco’s nonprofits secure new, nonprofit-owned space and creates solutions for organizations seeking long-term leases. The initiative includes two new programs — the Nonprofit Space Investment Fund and the Nonprofit Space Stabilization Program. The programs provide technical and financial...
Bob Jones University v. United States, 461 U.S. 574 (1983), is a landmark case in which the United States Supreme Court held that the IRS had the authority to revoke the 501(c)(3) tax-exempt status of Bob Jones University (BJU) based on the university’s racially discriminatory practices that were contrary to public policy. According to...
Would you like charities, including mosques, temples, synagogues, churches and other houses of worship, to be able to give your donations to politicians running for office? Would you like mosques, temples, synagogues, churches and other houses of worship (that are automatically tax-exempt and not required to disclose their financials or their donors)...
We’ve welcomed this controversial guest author before, and while we take issue with his suggestions, he unfathomably enjoys tremendous popularity with some segments of the country. With that, here are his 10 tips on how to lead (which he admittedly borrowed from some of his mentors): On Leadership Transition...
On January 6, 2016, I joined over 1,000 lawyers and legal professionals attending the How to Be a Good Ally conference in San Francisco. While work called me away in the mid-afternoon, I left tremendously impressed and inspired by those who organized the conference in reaction to the election results,...