Frequently Asked Questions. Do churches register with the federal and state government? How do you know if a church is recognized as a “church” for federal income tax purposes and for state income tax purposes? By the way, the term “church” is not limited to Christian churches, but also applies to other religions, so there […]
Entries Tagged as 'charitable organizations'
How Do You Know a “Church” is a “Church” for Tax Purposes?
May 16th, 2016 · Comments Off on How Do You Know a “Church” is a “Church” for Tax Purposes? · church, exempt status
Tags:charitable organizations·Franchise Tax Board·IRS·tax-exempt status
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 […]
Tags:Attorney General·charitable organizations·Form 990·Schedule B
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: . […]
Revised Publication 577, Tax-Exempt Status for Your Organization
December 19th, 2011 · Comments Off on Revised Publication 577, Tax-Exempt Status for Your Organization · Federal Income Taxes, Loss of Tax-Exempt Staus, Publication 577
The IRS published a revised Publication 577, Tax-Exempt Status for Your Organization. The “What’s New” section contains the following items: -Automatic revocation for not filing annual return or notice -Redesigned Form 990 and Instructions -Elimination of the advance public charity status -Report significant new or changed program services or changes to organizational documents -Publication 78 […]
Tags:charitable organizations·Exempt organizations·tax-exempt status
Nine Tips for Charitable Taxpayers
October 2nd, 2011 · Comments Off on Nine Tips for Charitable Taxpayers · Federal Income Taxes, Loss of Tax-Exempt Staus
The IRS posted its “Summertime Tax Tips on its website recently (IRS Summertime Tax Tip 2011-21). It includes useful points for taxpayers who make regular donations to charity or plan to make donations before the end of the year. If you make a donation to a charity this year, you may be able to take […]
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).
Review of Media-Based Ministries
January 14th, 2011 · Comments Off on Review of Media-Based Ministries · Uncategorized
Senate Finance Committee member Charles Grassley staff has released a staff report on the results of his three-year inquiry into the financial practices of six media-based Christian ministries. Senator Grassley is known for his focus on the financial practices of high-profile nonprofit organizations. See the following link. This staff report contains appendixes. Appendix A sets […]
Tags:charitable organizations·Media based ministries·Religous organizations
Revised Publication 557, Tax-Exempt Status for Your Organization
November 11th, 2010 · Comments Off on Revised Publication 557, Tax-Exempt Status for Your Organization · Federal Income Taxes
An updated Publication 557 is now available on the IRS website. The last version was published in June, 2008. Four topics are listed in the “What’s New” section: New penalty provisions for nonfiling. For annual tax periods beginning after 2006, the law requires most tax-exempt organizations, other than churches, to file an annual Form 990, […]
Filing of Schedule B of Form 990 with the Attorney General
October 7th, 2010 · Comments Off on Filing of Schedule B of Form 990 with the Attorney General · California nonprofit law
The question is disclosure of donor names on Schedule B of Form 990. The Treasury Regulation instructs that the names and addresses of contributors shall not be made available for public inspection. Treas. Reg. § 301.6104(b)-1(b)(1) “The names and addresses of contributors to an organization other than a private foundation shall not be made available […]
Tags:Attorney General·charitable organizations·Nonprofit Integrity Act of 2004