Beginning January 1, 2016, inactive nonprofit corporations, which are eligible for administrative dissolution under the recently enacted law under AB 557, can be automatically or voluntarily dissolved. There is a significant problem with non-profit corporations filing incorporation papers with the Secretary of State, and then failing to launch or continue operations and remain up to […]
Entries Tagged as 'State and Local Taxes'
Streamlined Administrative Dissolution Process for Nonprofit Corporations
November 9th, 2015 · Comments Off on Streamlined Administrative Dissolution Process for Nonprofit Corporations · Dissolution, Inactive nonprofit corporation, State and Local Taxes, state compliance, State Exemption
Tags:Attorney General·California Secretary of State·Dissolution·Franchise Tax Board
City of Los Angeles – Offer in Compromise Program
November 29th, 2010 · Comments Off on City of Los Angeles – Offer in Compromise Program · State and Local Taxes
The City of Los Angeles Department of Finance announced a new program for city business taxes. This program is available to financially troubled businesses that seek a reduction of their outstanding business taxes due to an economic hardship. See following link for more information.
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Los Angeles Business Taxes, Exemption and Refunds for Charities
October 16th, 2009 · Comments Off on Los Angeles Business Taxes, Exemption and Refunds for Charities · Charity, State and Local Taxes, Uncategorized
Is your charitable organization paying the Los Angeles business tax? As a result of state legislation, the City of Los Angeles amended its municipal code to authorize the Director of Finance to issue a Tax Exempt Registration Certificate to charitable, non-profit or religious institutions. If your organization is exempt under Internal Revenue Code Section 501 […]
Tags:business taxes·charitable organizations·Charity·refunds