Nonprofit Tweets of the Week – December 27, 2013

  Happy holidays! Have a listen to Steve Lawrence and Eydie Gormet singing Happy Holiday while perusing this week's tweets on nonprofits, philanthropy, governance and social enterprises:  Pew Research Center: Milestones for 2013: The breakthroughs, peaks and valleys discovered in our polls this year http://pewrsr.ch/1fBc69j  Harvard Business Review: The...

Nonprofit Finance & Accounting Symposium

    I was honored to speak on nonprofit and for-profit social enterprises at the Nonprofit Finance & Accounting Symposium that took place on December 15-17 in Washington DC.  Among the notable presentations: Welcome Session: The State of the IRS Tax Exempt Organizations Division (Marcus Owens). See The 1969 Private Foundation...

Proposed Guidance for 501(c)(4) Social Welfare Organizations

  On November 29, 2013, a Notice of Proposed Rulemaking by the Internal Revenue Service was published in the Federal Register containing proposed regulations that provide guidance to tax-exempt social welfare organizations on political activities related to candidates that will not be considered to promote social welfare. A 501(c)(4) social...

Nonprofit Tweets of the Week – November 29, 2013

   We at NEO Law Group wish all of our readers a very happy Thanksgiving weekend! Have a listen to Adam Sandler's Thanksgiving Song while perusing this week's tweets: on nonprofits, philanthropy, governance and social enterprises:   Gene: Nonprofit groups often seek restitution, not prosecution, when money goes missing  Washington Post C....

FTB Revocation Policy for Failure to File Statement of Information or Form RRF-1

At a meeting of the California Bar Association’s Tax Exempt Organizations Committee last Friday, the issue of the California Franchise Tax Board (“FTB”) revoking an organization’s state tax-exempt status for failure to timely file a Statement of Information with the California Secretary of State was raised.  Several representatives of...