Several times each year we receive letters form the IRS for former clients who failed to update the IRS of changes in their contact information. The result of failing to keep the IRS, or any other regulator, apprised of new contact information can be devastating – including loss of exemption. Perhaps as a result of …
Posts Tagged: NonProfits
Tea Party Orgs Do NOT Forgive the IRS
Last year we asked you whether you had forgiven the IRS yet for the 501(c)(4) social welfare “targeting” scandal. It is clear that many Tea Party groups have not. A class action lawsuit accuses the IRS of singling out Tea Party members and other conservative organizations for unfair and illegal “intensive and intrusive scrutiny.” The …
Expanded Whistleblower Liability
We hope that you are still following your nonprofit’s New Year’s resolution to follow the new employment laws. Unfortunately, we aren’t here to just pat you on the back for doing so. Instead, here is another area of expanded employment liability for nonprofits shared with us by Thomas Employment Law Advocates. As of January 1, …
Expedited Processing Still Available!
On January 2, a policy change was released by the IRS that seemed to eliminate expedited processing for 501(c)(3) exemption applications. Today the IRS confirmed that this was INCORRECT. Indeed, expedited handling for exempt organization applications is still available. If your organization has a pending grant that it will lose without recognition of exemption or …
Is Football an Unrelated Business?
It was just about six months ago that the IRS decided that it would start looking into unrelated business income reporting on a large scale. So it is perfect timing that this week the National Labor Relations Board (“NLRB”) is holding hearings to consider whether Northwestern’s football players can unionize. What does unionization have to …
Vendor Warning
Do you check references before you engage vendors for your organization’s fundraising events? If not, you should. The New York Times Haggler recently reminded us why. In a recent post, the Haggler investigated a company called CreditCardMachineRentals.com, which charged a nonprofit a wrongful late fee of $8,100 for returning borrowed credit card machines weeks late …