Rubric Legal LLC Blog
Insights & Resources
Federal Tax Exemption and Sports Organizations
Almost everyone intersects at some point in their life with a nonprofit organization that provides access to opportunities for children or adults to learn and
Campaign Finance Board Dismisses ALEC Complaint
Today the Minnesota Campaign Finance and Public Disclosure Board (MNCFPDB) released its findings of the investigation into ALEC, based on a 2012 complaint. Beginning in
The Taxpayer Advocate Weighs in on the “Scandal”
On June 30, 2014, the National Taxpayer Advocate supplemented the required Fiscal Year 2014 Objectives Report to Congress (outlining work for the upcoming fiscal year)
UPDATED: The Form 1023-EZ is coming…..
As many folks know, the IRS is VERY behind on processing applications for tax-exempt status. At the end of March, the IRS submitted a draft of
Supreme Court – Severance Subject to FICA
This week the Supreme Court decided the case of US vs. Quality Stores and reversed the 6th Circuit’s holding that severance payments made to terminated
A Primer on the Tax Treatment of Cryptocurrencies for Nonprofits
This week, the IRS released Notice 2014-21 regarding the treatment of Bitcoin and other similar cryptographic currencies (“cryptocurrencies”). The increased popularity of using cryptocurrencies to
So you want to start a nonprofit…Post 2
In both 2011 and 2012, Internal Revenue Service data shows that there were about 1.08 million charitable organizations in the United States. Data from that
The IRS’ new compliance questionnaire for “self-declareds”
The IRS recently sent out at least 1,300 compliance questionnaires to “self-declared” Section 501(c)(4), 501(c)(5), and 501(c)(6) organizations. These are organizations that have never filed