Did your nonprofit organization lose its California tax-exempt status? It the organization suspended with California Secretary of State? Has the organization been suspended by the California Attorney General? What needs to be done to reinstating the exemption for California income tax purposes? How does one restore “good standing” status with the California Secretary of State? […]
Entries Tagged as 'California Exempt Status'
How to Rescue a Troubled Nonprofit: California Considerations
February 8th, 2017 · Comments Off on How to Rescue a Troubled Nonprofit: California Considerations · California Attorney General enforcement, California Exempt Status, reinstating California exempt status, restoring good standing with CA Secretary of State
Tags:Attorney General·California Secretary of State·Franchise Tax Board·reinstatement of exemption·tax-exempt status
Advantages and Disadvantages of Non-Profit Entity Selection
October 22nd, 2015 · Comments Off on Advantages and Disadvantages of Non-Profit Entity Selection · Advantages of Nonprofit Entity, California Exempt Status, Disadvantages of Non-Profit Entity, tax exemption
Are you considering forming a new nonprofit organization? What issues should you think about in making this decision? The webinar below addresses the following topics: ● Myths ● Advantages of Non-Profit Entity Selection ● Disadvantages of Non-Profit Entity Selection ● Other Alternatives For a free webinar on this topic please see below. For more […]
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Credit for New UCLA Extension Class: Nonprofit Organizations: Compliance and Governance
September 22nd, 2015 · Comments Off on Credit for New UCLA Extension Class: Nonprofit Organizations: Compliance and Governance · California Exempt Status, Federal Income Taxes, Form 990, Governance, Loss of Tax-Exempt Staus, nonprofit checklist, policies and procedures, state compliance, tax exemption
UCLA Extension can offer students of this class with credit as follows: ● CPAs will receive attendees36 hours of CPE credit ● Attorneys will receive 34 hours of MCLE credit, including 1 hour of Ethics ● Class credit towards a UCLA Extension certificate in accounting ● Class credit towards a UCLA Extension certificate in tax. […]
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How to Rescue the Troubled Nonprofit Seminar
June 26th, 2015 · Comments Off on How to Rescue the Troubled Nonprofit Seminar · California Exempt Status, Loss of Tax-Exempt Staus, state compliance, tax exemption, tax returns
Do you know what to do when federal tax exemption is automatically revoked? Specifically, when federal tax-exemption is automatically revoked, how should a nonprofit re-establish its tax-exemption? What about dealing with “suspended” status with the California Secretary of State? These questions and more will be covered at this presentation. Objectives: ● Learn when exemption will […]
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Forming and Representing Nonprofit 501(c)(3) Organizations Seminar
March 30th, 2015 · Comments Off on Forming and Representing Nonprofit 501(c)(3) Organizations Seminar · California Exempt Status, California nonprofit law, Form 990, Governance
Please join us as we discuss the process of forming a Nonprofit Corporation in the state of California. This seminar will cover the following topics: ● What is a Nonprofit Corporation? ● Formation of a California Nonprofit ● Applying for Tax-Exemption, Federal (Form 1023 and 1023-EZ) ● Applying for Tax-Exemption, California (Form 3500 or 3500A) […]
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New UCLA Extension Class: Tax Reporting and Governance for Nonprofit Organizations
March 2nd, 2015 · Comments Off on New UCLA Extension Class: Tax Reporting and Governance for Nonprofit Organizations · California Exempt Status, California nonprofit law, Federal Income Taxes, Governance, intermediate sanctions, Loss of Tax-Exempt Staus, policies and procedures, Private foundations, tax exemption, tax returns
Designed for CPAs, Enrolled Agents, tax managers, controllers, trustees, financial planners, and executive directors, this 12 meetings course presents tax-related guidelines and key issues for nonprofit organizations. Topics covered include a step-by-step process for corporate formation and application for recognition of tax-exempt status, unrelated business income, taxation of commercial activities conducted through joint ventures and […]
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Relief for California Charities: A Carrot and Stick Approach of SB 1341
October 2nd, 2012 · Comments Off on Relief for California Charities: A Carrot and Stick Approach of SB 1341 · California Exempt Status, Loss of Tax-Exempt Staus
California has given charities a new carrot and a stick to encourage compliance with filing requirements with the California Attorney General. SB 1341 is effective January 1, 2013. Existing Law. If a charity failed to file the registration statement or the periodic report, under existing law what used to happen would be the Attorney General […]
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Non-Profit Resources
June 29th, 2012 · Comments Off on Non-Profit Resources · California Exempt Status, Charity, Governance
Where do you look to find answers if you have questions related to forming and operating a nonprofit organization? Where can you learn about various types of fundraising sources that should be considered? What are the legal and ethical responsibilities of a board member? . Three resources that are a good starting point include: . […]
Preserving Charitable Exemption
February 3rd, 2011 · Comments Off on Preserving Charitable Exemption · California Exempt Status
Charities must file timely informational tax returns or risk losing their tax exempt status. See the following article which was published in the January 2011 issue of California Lawyer. Preserving Charitable Exemption, Reprinted and/or posted with the permission of Daily Journal Corp. (2011).
Franchise Tax Board Notification of New Filing Requirement
December 17th, 2010 · Comments Off on Franchise Tax Board Notification of New Filing Requirement · California Exempt Status, California filings
Before SB 401, most tax-exempt organizations with gross receipts normally equal to or less than $25,000 did not have a filing requirement. Effective for tax years beginning on or after January 1, 2010, small tax-exempt organizations with gross receipts normally equal to or less than $25,000 (except churches) are now required to electronically file FTB […]
Tags:tax-exempt status