The Internal Revenue Service (IRS) has valuable guidance and resources available for nonprofit organizations. Their goal is to make sure your nonprofit stays tax-exempt and complies with filing and reporting requirements.
Compliance Guide for 501(c)3 Charities: IRS Publication 4221 highlights basic information on everything from risks to board governance to filing requirements. It’s easy to read and a great resource to keep on hand.
Employment Laws: Determining whether a person working for your nonprofit is an employee or independent contractor can be difficult at times. This IRS guidance will help.
Webcasts on various topics: The IRS has short webcasts on various topics including maintaining your tax-exempt status, unrelated business income tax considerations, good governance, and volunteers.
Subscribe to Free IRS E-Newsletter: The IRS sends out periodic E-Newsletters with important developments and changes related to exempt organizations. This e-newsletter is free for anyone to subscribe.
Status of nonprofits:
Do you want to check if a nonprofit is tax-exempt and able to accept non-taxable donations?
Do you want to know if a nonprofit’s tax-exempt status has been revoked by the IRS?
Do you want to know if a smaller nonprofit has filed a Form 990-N through the IRS website?
All these questions can be answered at this IRS link.
Please contact the Not-for-Profit Niche team at Gilliam Bell Moser LLP for further guidance.