Is your not-for-profit thinking about merging or otherwise restructuring?
Recently, the IRS made the process easier for some organizations.
Does Your Not-for-Profit Need Registration in Different States?
Many not-for-profit organizations use fundraising methods which cross boundaries of different states. If your not-for-profit is one of them, it may need registration in multiple jurisdictions.
But keep in mind that registration requirements vary — sometimes dramatically — from state to state. So be sure to determine your obligations before you invest time and money in registering.
Why Your Not-For-Profit Needs to Embrace Accountability
To protect the organization, demonstrate openness and support the greater good, your not-for-profit needs to embrace accountability. Doing so will also help you fulfill your fiduciary responsibilities to donors, constituents and the public.
Fairness and Clarity
Accountability starts by complying with all applicable laws and rules. As you carry out your organization’s initiatives, do so
Helpful Tax Tips for Not-for-Profit Fundraisers
Whether you’re planning to raise funds for your not-for-profit with a simple bingo game or raffle, or with a more elaborate casino night, you need to understand and follow the federal rules that govern these kinds of activities. Gaming activities can open the door to unexpected taxes and trigger requirements for specific IRS filings.
Filings
Helpful Tips for Not-for-Profits Filling Out Form 990
Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, this week’s guest host, and I’m here with Annjeanette Yglesias, one of our Tax Managers on our not-for-profit team. Annjeanette, welcome to the Playbook.
Annjeanette: Thanks, Jenn; it’s nice to be here.
Jen: So, as a tax advisor, you often work with non-profits