Reporting Requirements, 501(c)(3), Tax Exempt Entities

Tax-Exempt Organizations Should Prepare Now For An IRS Tax Audit

White & Case LLP on 7/14/2025

It is an uncertain time to be a tax-exempt public charity or private foundation. The federal government has recently scrutinized certain tax-exempt organizations (see here), and draft congressional legislation proposed a tax...more

The Real Impact (Spring 2025)

Nutter McClennen & Fish LLP on 5/7/2025

Drinking From the D.C. Firehose: 10 FAQs for Charitable Organizations and Their Donors....more

The Corporate Transparency Act and Tax-Exempt Organizations

Lathrop GPM on 12/20/2023

Beginning January 1, 2024, many types of legal entities must report information regarding their “beneficial owners” and certain other information (collectively, “BOI”) to the Financial Crimes Enforcement Network (“FinCEN”)....more

New York Nonprofits: Action Required for New Reporting Requirements

Lippes Mathias LLP on 4/19/2021

Effective January 1, 2021, New York nonprofits are required to make annual filings with the Department of State. These annual filings must be made in addition to the annual reports made to the Attorney General Charities...more

Spotlight on Non-Profits: IRS Eliminates Donor Reporting Requirements for Certain Tax-Exempt Organizations

Baker Donelson on 8/14/2018

The IRS recently released Revenue Procedure 2018-38 (the "Revenue Procedure"), which exempts certain tax-exempt organizations from the requirement of reporting the names and addresses (the "Donor Information") of substantial...more

Tax-Exempt Does Not Mean Exempt From Filing Tax Returns

Farella Braun + Martel LLP on 6/21/2017

May 15 was the filing deadline for nonprofits operating on a calendar year that are required to file Form 990-series information returns. Many nonprofits mistakenly believe that they are not required to file returns with the...more