Scary Nonprofit Tax Myths Part III: 501(c)(3)s and Political Campaign Activity
A common misconception in the nonprofit world is: Myth: “501(c)(3) organizations can support or oppose…
Form 990 & Compliance
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Scary Nonprofit Tax Myths Part II: Donor Acknowledgment Letters Are Not Just “Nice to Have”
One of the most common misconceptions in charitable giving is: MYTH: “Donor acknowledgment letters are…
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Scary Nonprofit Tax Myths Part I: Not All Nonprofit Income Is Tax-Exempt
A persistent myth in the nonprofit sector is that “all nonprofit income is tax-exempt.” It’s…
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Fundraising Events & Charitable Deductions: What Every Nonprofit Should Know
Galas, luncheons, silent auctions, and golf tournaments can be powerful ways to raise funds and…
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Nonprofit Tax Alert: Expanded Excise Tax on Excess Compensation
The One Big Beautiful Bill Act (OBBBA) has significantly expanded the 21% excise tax on…
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IRS Enforcement, Domestic Terrorism & Nonprofits: Why the Latest Presidential Memo Matters
On September 25, the Trump administration issued a presidential memorandum instructing the IRS to ensure…
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FBAR Filing Reminder: Don’t Overlook FinCEN Form 114
U.S. persons with foreign financial accounts may have a legal obligation to file an FBAR…
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Latest Tax Updates Nonprofits Should Know
The tax landscape is evolving again, and several recent changes will have direct implications for…
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November 17, 2025: What Nonprofits Need to Know About This Year’s Filing Deadline
For many nonprofits, the fall brings one of the most important compliance dates of the…
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IRS Revamps “Stay Exempt” Resource for Nonprofits
The IRS has rolled out a refreshed and centralized version of Stay Exempt, its online…