Though happening a little ways away, I found this story pretty interesting nonetheless. The New York Times and Foundation Center are reporting that an Israeli cabinet recently voted to severely limit contributions made to Israeli non-profits by certain foreign groups. Not only are tremendously high taxes being waged but contributions are also being capped at [...]
Read More» Posted by Erin | 0 commentsToday I was talking with a woman who wants to found an organization, that educates young girls, in the near future. Planning out all the necessary steps the EIN was covered, she worked through the steps of incorporation and began asking me questions about the next natural step; filing for her tax-exemption status. And while [...]
Read More» Posted by Erin | 0 commentsHere’s another round-up of those making the news in the non-profit world. AARP: If Congress wants to take away our nonprofit status, it will have to change tax code | The American Independent http://ainn.ly/g0TWeM Fiesta Bowl Chief Ousted After Report Shows Wrongdoing – Philanthropy Today – The Chronicle of Philanthropy- Connecting the nonprofit world with [...]
Read More» Posted by Erin | 0 commentsTraining Day: Gaining and Keeping Your Tax-Exempt Status I just discovered this training and felt the need the share the link. It’s a fantastic interactive presentation by the IRS that walks the user through what tax-exemption is and how to make sure you keep it. I think any and everyone involved in a non-profit should [...]
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