Form 990 and public disclosure, executive compensation, unrelated business income, restricted grants and fund accounting, governance, fundraising registration, and church bookkeeping.
20 guides, each written by a CPA licensed in the US and Canada.
Churches use fund accounting, not standard bookkeeping. Church accounting follows rules that apply nowhere else in the tax code.
US TaxNonprofits must provide written acknowledgment for donations of $250 or more and quid pro quo disclosure for payments over $75.
US TaxHow fiscal sponsorship works for tax-deductible donations without 501(c)(3) status. Model A vs Model C structures, variance power under Rev. Rul.
US TaxA complete guide to the IRS 501(c)(3) application process, including Form 1023 vs 1023-EZ eligibility, organizing document requirements.
US TaxBoards that set executive compensation without a proper process risk IRC 4958 excise taxes.
US TaxFor any gift of $250 or more the donor's deduction depends on your letter: the amount, whether goods or services were provided, their value.
US TaxTax-exempt organizations under IRC 501(c) were eligible for the Employee Retention Credit (ERC) on the same basis as for-profit employers.
US TaxWorker classification is high-stakes for nonprofits. Here is the IRS test, the minister's housing allowance under IRC 107.
US TaxForm 990 requires disclosure of compensation for officers, directors, key employees, and the five highest-paid employees and independent contractors.
US TaxA project without its own 501(c)(3) can take tax-deductible gifts through a fiscal sponsor that controls the money. Covers key rules, filing requirements,.
US TaxMost 501(c) organizations must file Form 990 each year. Here is how to determine which version you file, what the public support test requires.
US TaxEvery exempt organization files a version of Form 990 unless it's a church, and three missed years end the exemption automatically.
US TaxFundraising events create a split between the charitable contribution (deductible) and the purchase price of goods or services received (not deductible).
US TaxForm 990 asks whether your nonprofit has conflict of interest, whistleblower, and document retention policies.
US TaxASC 958 classifies a nonprofit's net assets into two categories: with donor restrictions and without donor restrictions.
US TaxA grant restricted to youth literacy can't pay the rent, and the accounting has to prove it didn't. Under the FASB standard for nonprofits (ASC 958).
US TaxA nonprofit owes 21% on net income from a regular business unrelated to its purpose, after a $1,000 deduction.
US TaxPrivate foundations face six excise taxes that public charities avoid. Private foundations are subject to six excise taxes under IRC 4940-4945: (1) a 1.
US TaxThere is a specific order of operations for launching a nonprofit, and most founders get at least one step wrong. Covers key rules, filing requirements,.
US TaxA deep guide to IRC 512-514 for tax-exempt organizations: what triggers UBIT, the key exclusions, debt-financed property rules, the silo rule.