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…
A persistent myth in the nonprofit sector is that “all nonprofit income is tax-exempt.” It’s…
Galas, luncheons, silent auctions, and golf tournaments can be powerful ways to raise funds and…
The One Big Beautiful Bill Act (OBBBA) has significantly expanded the 21% excise tax on…
A recent ABC7 News San Francisco report revealed that GoFundMe has automatically created 1.4 million…
The IRS has announced a reduction in the Preparer Tax Identification Number (PTIN) user fee…
On September 25, the Trump administration issued a presidential memorandum instructing the IRS to ensure…
U.S. persons with foreign financial accounts may have a legal obligation to file an FBAR…
The tax landscape is evolving again, and several recent changes will have direct implications for…
The IRS has released draft versions of Form W-2 and W-2c for 2026, previewing changes…
For many nonprofits, the fall brings one of the most important compliance dates of the…