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Tax-exempt organizations are unusual in that, regardless of size, they are subject to significant regulation.
Tax-exempt organizations benefit from significant tax benefits. As a result, they are subject to greater regulation that try to ensure those benefits aren’t being exploited. We have extensive experience navigating the tax laws that apply to tax-exempt nonprofits including:
PA_Non-Profit-TaxConsulting_image_01_desktop_2x
Tax-exempt organizations are unusual in that, regardless of size, they are subject to significant regulation.
Tax-exempt organizations benefit from significant tax benefits. As a result, they are subject to greater regulation that try to ensure those benefits aren’t being exploited. We have extensive experience navigating the tax laws that apply to tax-exempt nonprofits including:
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FEATURED BLOG POSTS
  • Don’t Forget to File Form 990

    Nonprofits that fail to file Form 990 for 3 years in a row will receive an automatic loss of tax-exempt status. The deadline is May 15th.

  • For-Profit Subsidiary – When to Form One

    Sometimes it is necessary for a nonprofit to form a for-profit subsidiary. Knowing how to do this can help avoid losing your tax-exemption.

  • Corporate Charitable Deductions for Disaster Relief

    Normally, corporations can only deduct charitable contributions up to an amount that equals 10 percent or less of their taxable income in the given tax year. Under the CARES Act, this limitation was bumped to 25 percent of taxable income. More recently, the December 2020 Taxpayer Certainty and Disaster Tax Relief Act (TCDTRA) temporarily upped the limit for corporate charitable contribution deductions to 100% for qualified disaster relief contributions. The IRS has released additional guidance for corporations considering using the deduction. Here’s what you need to know.