Donor Base

Is Your Independent Contractor Really an Employee? Audit Investigations Set Non-Profits Straight

The IRS is cracking down on organizations that exhibit characteristics of employment tax evasion through classifying employees as independent contractors, disguising compensation as reimbursement, and improperly calculated taxable fringe benefits.

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Nonprofit Organizations In New York Attempt To Block Charity Donation Deduction Limit

A pending state budget may hurt a lot of non profit organizations in New York by imposing limits to the amount an individual can claim from charitable donation deductions. The law would affect individual’s making donations who are considered “high earners.” This law should be a serious concern for non-profit organizations. Specifically, this law would [...]

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Certain Fee-based Offerings May Pose Tax Implications Even For Non-Profits

The IRS has not had any problem with non-profits charging fees for services. This is fairly common in the non-profit sector–especially in a downturn economy, non-profits are seeking new and innovative ways to stay afloat. Reg. § 1.501(c)(3)-1(e) states: An organization may meet the requirements of section 501(c)(3) although it operates a trade or business [...]

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