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How nonprofits can regain their tax-exempt status

How nonprofits can regain their tax-exempt status

Feb 5, 2018 | Nonprofits

Thousands of not-for-profits lose their tax-exempt status every year because they’ve neglected to file required annual forms with the IRS for three consecutive years. Fortunately, if your organization is on the revocation list, you can re-attain your exempt status by...
What nonprofits need to know about the new tax law

What nonprofits need to know about the new tax law

Feb 1, 2018 | Nonprofits

The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2017 to 16% in 2018. That’s because the recently passed Tax Cuts and...