Posts Tagged ‘tax’
Ernest Goes to the IRS!
Let’s be real – the IRS basically has its own language. I mean, even attorneys and CPAs find it confusing! Eve Borenstein, my hero and Queen of the 990, joins me on this episode to help us normal folks understand what we really need to know about the IRS. You may be thinking the IRS…
Read MoreApril Showers bring May 990s
It’s April and we’re in the thick of another 990 filing season – meaning the IRS wants to know how you’re spending your funds! We’re reviving this episode to answer your burning questions about 990s. What do you do if you find out you’ve been doing your 990s wrong? Or even worse, not doing them…
Read More990 Filing Season!
April showers bring… May tax returns. That doesn’t quite have the same ring to it, huh? But it’s true – we’re coming up on 990 filing season for nonprofits! So while nonprofits rush to prepare their Form 990s, I’m answering listener questions about them. What do you do if a donor accuses you of filling out the…
Read MoreHow Do You Change Your Nonprofit Name With the IRS?
Recently I had a colleague who shared that her organization had decided to change its name for from Nonprofit ABC to Nonprofit XYZ.
Read MoreTHIS can hurt your chances at property tax exemption
In my home state of Minnesota, nonprofits can apply for property tax exemption if they use their real estate for mission delivery. Usually this is a faceless process, the nonprofit applies on paper and has to send in its 990s and other materials to the county tax assessor.
Read MoreWhat If Somebody Asks to See Our 990s?
So, you get a strange phone call at the office – somebody wants back copies of the organization’s 990s. Feels a little invasive doesn’t it? Or like…. what do they want them for? Are we in trouble?
Read More6 Ways to Lose Your 501(c)(3) IRS Tax-Exempt Status (Without Really Trying)
There are 6 main ways to lose your 501(c)(3) IRS tax-exempt status without really trying.
Read More