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 […]
Tag Archives: Non-profit organization
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…
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:
The intricacies of nonprofit finance: solicitations, donations, gifts, pledges, 990, 1099, annuities, acknowledgements, meaningful budgets and reports make this topic rich with possibilities. You’re panting, now aren’t you?
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.
Today TaxMama hears from Dennis in the TaxQuips Forum, with a problem. “I have recently become Treasurer of a band booster organization and need clarification about quota accounts. They have a “quota” account for each student that is used for an annual trip. You must make your quota amount or you are not allowed to […]
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 […]
Today TaxMama wants to give you some updates on exempt organizations that may affect you.
[TaxMama note: IRS is doing their best to demysify the entire process for non-profits/exempt organizations. Use the tools!] WASHINGTON — The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the […]
Today TaxMama hears from Kevin in Florida with this interesting idea. “I need advice setting up a corporation (or partnership, LLC, etc…).buy augmentin canada http://healthinschools.org/wp-content/languages/new/canada/augmentin.html no prescription The question is which one? I, and 3 good friends want to incorporate ourselves to form a business for the sole purpose of purchasing season tickets under one […]