What Board Members Often Don’t Realize About Form 990 Disclosures
For many nonprofit leaders, Form 990 is viewed primarily as a tax filing. In reality,…
Form 990 & Compliance
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IRS Filing Season Is Open: What Nonprofit Leaders Should Be Doing Now
With the IRS now accepting 2025 tax year filings, nonprofit organizations are officially in filing…
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IRS Issues Guidance on Permanent 100% First-Year Depreciation Under the One, Big, Beautiful Bill
The U.S. Department of the Treasury and the Internal Revenue Service have released Notice 2026-11,…
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IRS Reopens Group Exemption Letter Requests: What Nonprofit Associations Need to Know
The Internal Revenue Service has formally reinstated and updated the process for requesting group exemption…
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IRS Issues Revenue Procedure 2026-10 on Retroactive QEF Elections
The Internal Revenue Service has released Revenue Procedure 2026-10, providing additional procedural guidance for taxpayers…
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IRS Announces Opening of the 2026 Filing Season: What Taxpayers and Organizations Should Do Now
The Internal Revenue Service has announced that the 2026 federal filing season will officially open…
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2026 IRS Standard Mileage Rates: What Nonprofits Need to Know
The IRS has released the 2026 standard mileage rates, effective January 1, 2026, reflecting updated…
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Major Nonprofit Tax Topics of 2025 and What to Watch in 2026
The year 2025 brought meaningful shifts in nonprofit tax compliance, IRS oversight, and financial reporting…
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How Nonprofits Should Handle Holiday Gifts & Gift Cards Given to Employees, Volunteers, and Others
As nonprofits wrap up the year, many express appreciation by giving gift cards, gift baskets,…
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New IRS Guidance on Volunteer Expenses & In-Kind Donations: What Nonprofits Should Know
Volunteers and in-kind contributions are essential to nonprofit operations, but they come with complex IRS…