Nonprofits today are operating in a rapidly shifting environment where legal compliance, government scrutiny, and funding uncertainties are becoming more complex. With recent reports of
The IRS has issued a warning to taxpayers about a surge in fraudulent tax schemes involving donations of ownership in closely held businesses, often referred
The FTC has determined that non-competes are an unfair method of competition and thus a violation of the FTC Act.
The IRA introduced new rules allowing tax-exempt organizations to take advantage of federal tax credits for certain clean energy projects.
The new rule largely reverses the “core factors” test put into place during the Trump Administration.
The CTA introduces new reporting requirements for certain U.S. companies. Tax-exempt organizations are not required to file these reports.
This week is International Charity Fraud Awareness Week is organized by a global coalition of charities, regulators, law enforcement agencies, representative and umbrella organizations, and
As the popularity of cryptocurrency continues to grow, more and more donors are making cryptocurrency donations. As a result, cryptocurrency donations can provide significant tax
How common are online charity scams? The internet, social media, and email have made it easier to stay informed and connected with friends, family, and
Thoroughly research a charity before giving. What are they doing to serve the community, and do they actually do what they say they will do? How much of their costs go to overhead and administration versus providing actual services to the community they serve? The following organizations provide reputable information on how charities do business and spend their donations.
Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.