Nonprofit World Articles: Law & Taxation

As absorbing as a mystery story and full of lessons for every nonprofit, this saga includes heroes and villains, plot twists, and an ending in which justice prevails. Here's a birds-eye view from a lawyer involved in the case.

The new law goes into effect January 1. Be sure you're in compliance.

Will your salaries pass IRS inspection? Follow these steps to be sure.

If funds are earmarked for a specific purpose, can you use them for anything else?

Are you complying with new Form 990 rules?

If you have to shut down your operations for awhile, will you lose your exempt status?

How long does it take to obtain tax-exempt status from the IRS? Is there a way to speed up the process?

When you leverage your resources by using in-kind gifts, how do you assign them a value?

Follow these rules to protect employees and lessen your risk of liability for identity theft.

Does ?tipping? forbid a foundation from making too large a grant to your organization?