Tax, Legal & Compliance

IRS Reminds Tax-Exempt Organizations of Annual May Filing Deadline
May 10, 2023 at 10:21 am

The Internal Revenue Service reminded thousands of tax-exempt organizations of their May 15, 2023, filing deadline. The annual filing due date for certain returns filed by tax-exempt organizations is normally by the 15th day of the fifth month after the end of an organization's accounting period.

Should You Solicit Donors With Cognitive Impairments?
April 28, 2023 at 12:33 pm

The average age of donors is 65. An estimated one in nine people age 65 and older has Alzheimer’s disease. If you were in a meeting with a prospective donor for a major or planned gift, what would you do if you did detect cognitive decline?

Senators Push to Restore the Universal Charitable Deduction: 3 Things You Need to Know
March 8, 2023 at 12:23 pm

Last week, senators introduced legislation to make the universal charitable deduction effective for tax years 2023 and 2024. Now dubbed “Charitable Act,” the legislation, if passed, would give more Americans the ability to claim tax deductions for charitable contributions. Here are three things you should know about it.

How Florida’s Stop WOKE Act Impacts Nonprofits, Part 1
February 3, 2023 at 10:59 am

Recently, companies, nonprofits, schools, schools that are also nonprofits, consultants and educators have been caught in a windstorm of confusion over the implementation of Florida's Individual Freedom Act, aka Stop the Wrongs to Our Kids and Employees (WOKE) Act.