The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) became law on March 27, 2020, and is designed to assist nearly every facet of the American economy, including the charitable sector. One highlight is the...more
4/7/2020
/ Business Closures ,
Business Interruption ,
CARES Act ,
Charitable Organizations ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Financial Stimulus ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
A three-judge panel of the Ninth Circuit Court of Appeals recently upheld the position of the California Attorney General (AG) that charities located or doing business in California must provide a copy of their unredacted...more
The “Bipartisan Budget Act of 2018” added the “Newman’s Own” exception to the private foundation excess business holdings rule, allowing business owners to make a charitable contribution of 100% of a business to their private...more
The 2017 “Tax Cuts and Jobs Act” impacts tax-exempt organizations in a variety of ways, including by reducing incentives for charitable giving, applying an excise tax on executive compensation in excess of $1 million per...more
12/26/2017
/ Charitable Donations ,
Charitable Organizations ,
Compensation & Benefits ,
Corporate Taxes ,
Excise Tax ,
Executive Compensation ,
Fringe Benefits ,
Generation-Skipping Transfer ,
Income Taxes ,
Net Operating Losses ,
New Legislation ,
Popular ,
Remuneration ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
UBTI
Unwelcome news for charities concerned with donor confidentiality -
A recent court ruling upheld the position of the California Attorney General (AG) requiring that charities located or operating in California provide a...more
6/2/2015
/ Annual Reports ,
Attorney General ,
Charitable Organizations ,
Confidential Information ,
Disclosure Requirements ,
Donor Lists ,
Foreign Corporations ,
Form 990 ,
IRS ,
Out-of-State Companies ,
Registration Requirement ,
Tax Exempt Entities