Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Charity'

IRS Employment Tax Initiative

April 3rd, 2010 · Comments Off on IRS Employment Tax Initiative · Charity, employment taxes, expense reimbursement, Federal Income Taxes, intermediate sanctions

Beginning in February, 2010, the IRS is conducting its first Employment Tax National Research Project since 1984. For the first time, this project will include audits of exempt organizations. Of the 6,000 companies to be audited, some 500 audits of exempt organizations should be expected. The IRS will be focusing on four employment tax compliance […]

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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 […]

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