Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'state compliance'

Multistate Registration Filing Portal for Nonprofit Organizations: Request for Information

February 19th, 2016 · Comments Off on Multistate Registration Filing Portal for Nonprofit Organizations: Request for Information · Charity, Multistate Registration, Request for Information, Single Portal Initiative, state compliance

California is part of a pilot project to simplify registration burdens on nonprofits.  The Multistate Registration and Filing Portal, Inc., a Delaware nonprofit corporation (MRFP), working with the National Association of State Charities Officials (NASCO), and the National Association of Attorneys General (NAAG) are in the process of developing an online system that will allow […]

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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

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 […]

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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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Public Charities, Schedule B and California Attorney General

July 16th, 2015 · Comments Off on Public Charities, Schedule B and California Attorney General · California Attorney General, California nonprofit law, Registry of Charitable Trust, state compliance

To maintain registered status with the California Attorney General/Registry of Charitable Trusts, nonprofit organizations must file an annual report with that office. Charities also must include a copy of the tax return filed with the IRS. Schedule B is an attachment to Form 990. A nonprofit identifies on Schedule B the names of its major […]

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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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Small Nonprofit Consultation Checklist

March 10th, 2014 · Comments Off on Small Nonprofit Consultation Checklist · Federal Income Taxes, Governance, Loss of Tax-Exempt Staus, nonprofit checklist, policies and procedures, state compliance, tax exemption, tax returns

At the Tax Section Exempt Organizations Committee Meeting of the American Bar Association, held on January 24, 2014, a Small Nonprofit Consultation Checklist was presented.  Note: This checklist is designed for small public charities organized as nonprofit corporations. Charitable trusts, private foundations and supporting organizations should not rely on this checklist. Governing Documents Articles of […]

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