Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...

Sec. 6652(c)(1) imposes a penalty on any tax-exempt organization for failure to file a tax return or failure to include complete or correct information on the tax return. For organizations with gross ...

Lansing, Mich. (WLNS) — Amid the Black Lives Matter movement, more people have been launching GoFundMe campaigns and journalists at local and national levels have been posting lists of Black ...

The Tax & Accounting business of Thomson Reuters has published a new guidebook to help nonprofit organizations meet the IRS s new reporting requirements. The reference guide, PPC's Nonprofit Tax and ...

The IRS has updated Form 990-EZ, Short Form Return of Organization Exempt From Income Tax to help tax-exempt organizations avoid common mistakes when filing their annual return. The updated 990-EZ ...

ROCK HILL, SC / ACCESSWIRE / May 1, 2023 / May 15th is a major deadline for nonprofit organizations that must file 990 series tax returns. Tax 990, formerly ExpressTaxExempt, makes it possible for all ...

Tax-exempt organizations that operate in the State of California also have an additional filing requirement. The California Franchise Tax Board (FTB) requires organizations with annual gross receipts ...

As a specialist in the not-for-profit industry, I found “Selecting the Right Charity ( JofA, Sept.00, page 19) most interesting. However, there are two issues mentioned I would like to address. The ...

Failure to do so could result in their tax-exempt status being revoked, which will affect their ability to offer 403(b) plans. The Internal Revenue Service (IRS) issued a reminder for certain ...

Reverend Frank B Jones is taking aim at the lack of financial transparency in churches. He has started a petition drive to require churches to play by the same rules as other not-for-profits and file ...