Exempt Organizations – TaxMama.com

AskTaxMama Newsletter, Tax Quips, Auto Expenses, Back-Up Withholding, Bankruptcy, Business, Depreciation, Employer ID Number, Estimated Taxes, Exempt Organizations, IRS News, ITIN, Non-Profit, Non-Profits, Sec 199A - Small Business Income Deduction, Social Security and SSDI, SSNs, Withholding

Small Business Week

Posted on May 10, 2019 by TaxMama

10
May

TaxMama® welcomes you to Small Business Week! The IRS has been sending out all kinds of helpful information. (You know – I’m from the IRS and I’m here to help you!) Dear Family, It is, indeed, Small Business Week. And since many of you own your business, or run a business or profitable hobby […]

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*Tax Quips, Charities, Donations, Exempt Organizations, Non-Profit

Charity for Dying Man

Posted on April 5, 2012 by TaxMama

Today TaxMama® hears from Jenenne in the TaxQuips Forum with this sad story. “At my husbands job they just found out that a fellow employee has been given 3-5 months left to live. The doctors say nothing can be done for him. Everyone is scrambling trying to get some money together for him to be […]

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AskTaxMama Newsletter, Special Reports, *Tax Quips, Charities, Exempt Organizations, Non-Profit, Non-Profits

A Little Groundwork: Nonprofit Return : The 990

Posted on April 3, 2012December 28, 2021 by TaxMama

As with many things in life, we know we have to do them and we have to do them right and on time; filing tax returns ranks fairly high in this arena for many. In my own experience I have found that by finding some history or some context…

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Special Reports, Tax Quips, Charities, Exempt Organizations, Non-Profit, Non-Profits

Basic Legal / Financial Boundaries for a Nonprofit

Posted on March 27, 2012December 28, 2021 by TaxMama

Your organization is doing good work, and has an important message to offer your community. But do-gooding is not enough for your local governments and tax boards: there are strict rules that must be followed:

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*Tax Quips, Exempt Organizations, Income Tax, Investments, IRAs, Loans, Real estate, Self-Directed IRA

Big Loan from IRA

Posted on July 6, 2011November 5, 2021 by TaxMama

Today TaxMama hears from Kandi in the TaxQuips Forum with a personal opportunity. (Let me paraphrase the question.) “A friend wants to loan me money from his IRA, but is afraid of having to pay all the taxes when he draws the money out. Is there a way to do this and avoid the taxes?”

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*AskTaxMama Newsletter, Charities, Contributions, Exempt Organizations, IRS News, IRS Notices

275,000 Organizations No Longer Tax Exempt

Posted on June 10, 2011December 28, 2021 by TaxMama

Courtesy of IRS: IRS Identifies Organizations that Have Lost Tax-Exempt Status; Announces Special Steps to Help Revoked Organizations WASHINGTON –– The Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. The IRS believes […]

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*AskTaxMama Newsletter, Exempt Organizations, IRS News, Non-Profit, Non-Profits

Exempt Organization News

Posted on December 3, 2010November 5, 2021 by TaxMama

During yesterday’s IRS Stakeholder Relations meeting, we were treated to some information from Joyce Hoover, IRS’s Exempt Organization Group’s Senior Technical Advisor.buy vidalista generic newonlineandblo.com over the counter She’s been working with exempt organizations for about 19 years…so she’s lived through the history and development of this department.

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*Tax Quips, Community, Non-Profits

Indomitable Spirit

Posted on October 20, 2010October 20, 2010 by TaxMama

Today TaxMama wants to talk to you about strength of spirit – and overcoming adversity, no matter what.

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*Tax Quips, Exempt Organizations, Filing Requirements, IRS Forms, Non-Profits, Tax Forms

Ham Radio Filing

Posted on July 1, 2010December 28, 2021 by TaxMama

Today TaxMama hears from William in the TaxQuips Forum with this question. “We are part of a social organization (Ham Radio Club) which is not required to apply for formal tax exempt status because its annual gross receipts are less than ,000.buy cipro online www.bodybuildingestore.com/wp-content/languages/new/engl/cipro.html no prescription buy amitriptyline online https://apwh.org/wp-content/languages/new/amitriptyline.html no prescription Must we […]

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*AskTaxMama Newsletter, Exempt Organizations, IRS News, Pro Bono Services, TCE, VITA Program, Volunteering

Get Money from IRS – Lots of Money!

Posted on May 28, 2010May 27, 2010 by TaxMama

IRS Seeking Applications for Volunteer Tax Assistance Program Grants WASHINGTON – The Internal Revenue Service will soon begin accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years.

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