Form 990-N Change Effective February 29, 2016

As of Monday, February 29, 2016, the IRS will process Form 990-N e-filings on its own site, which will require filers to first complete a one-time registration form. The following is from the IRS webpage notifying the public of the change: Beginning February 29, 2016, Form 990-N electronic submissions will be accepted through instead of […]

12 Things Nonprofits Should Know About Proposed Tax Reform

On February 26, 2014, Rep. Dave Camp (R-MI), the Chairman of the Ways and Means Committee, released a draft proposal for comprehensive tax reform. The almost 1,000 page document contains significant changes that will affect individuals, for-profit corporations, and tax-exempt entities.  Camp’s proposals will likely be debated throughout the year, but it is imperative that […]

More Bay Area Nonprofits That Lost Their Tax-Exempt Status

On June 8, 2011, the IRS identified 275,000 nonprofits that had their federal tax-exempt status revoked as a result of failing to satisfy their filing requirement for three consecutive years (read more about that here). Among the huge list of formerly tax-exempt nonprofits are 2,316 nonprofits from the following cities:  Berkeley (367), Oakland (907), Palo […]

1,833 San Francisco Nonprofits That Lost Their Tax-Exempt Status

Among the over 275,000 nonprofits that were listed on the IRS automatic revocation list released last week were 1,833 nonprofits with San Francisco addresses.  If you recognize any of these organizations as still active, let them know they should immediately take steps to apply for reinstatement. Download San Francisco Revocations

IRS Releases Revised Publication on Charitable Contributions: Substantiation & Disclosure

The Internal Revenue Service recently released a revised version of Publication 1771, Charitable Contributions: Substantiation and Disclosure Requirements.  The Publication explains the federal tax law charities and churches that receive tax-deductible charitable contributions and for taxpayers who make contributions.  There are recordkeeping and substantiation rules imposed on donors of charitable contributions and disclosure rules imposed on […]

The End of Small Nonprofits That Have Not Filed Form 990

Today is the last day for up to 380,000 nonprofits to file some version of Form 990 or automatically lose their tax-exempt status.  Many of these organizations have been abandoned, and it will be of value to get them off the books.  But it is believed that a substantial number of small organizations (with annual […]

IRS Interim Report on Nonprofit Colleges and Universities Compliance Project

The Internal Revenue Service released an interim report (the "Report") on May 7, 2010, summarizing responses to compliance questionnaires sent to 400 public and private colleges and universities in October 2008.  The Report and underlying project principally focused on (1) the conduct and reporting of exempt or other activities that may generate unrelated business taxable […]

2009 Form 990 Released

The IRS has released the 2009 Form 990 and its related changes for filing this year. Changes on the 2009 Form 990 include clarifications to already existing questions in nearly all sections, as well as the integration of  new questions in Part IV (‘Checklist of Required Schedules’) and Part XI (‘Financial Statements and Reporting’).  The […]

Tweets of the Week – 1/8/10

Here are some of my favorite tweets of the past week: GTak: @p2173 Bioviolence: a terrifying forecast. How should nonprofits prepare for trends we don't want to think about like terrorism & pandemics? GTak: IRS – Statistical Information About Tax-Exempt Organizations - GTak: Q: What's a "church" under federal tax laws? A: See this 2009 case - […]

Department of Treasury 2009-2010 Priority Guidance Plan

The joint Department of Treasury/IRS priority guidance plan for 2009-2010 (10/1/09 – 9/30/10) includes the following items of interest to tax-exempt organizations: Revenue procedure to provide terms for hosts of CyberAssistant software (used to generate Form 1023 exemption applications for a reduced user fee). Final regulations on the new requirements for Type III supporting organizations. […]