From the Archives

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)

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

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

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

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 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

Has your organization been thinking about incentivizing donors, volunteers, attendees, etc. through some sort of prize giveaway?  A little bit of planning in this arena

A few posts back, I promised a follow up post on more commonly used types of fiscal sponsorships.  I apologize for the delay on that

Fiscal sponsorship (often incorrectly referred to as fiscal agency) is the term used to describe any number of relationships that provide assistance to a non-charitable

Most Minnesota tax-exempt organizations are aware that their lobbying and political activities are regulated by the IRS.  What they may not be aware of is