Category Archives: Nonprofit

Taking the fun out of fundraising – Booster Club Fundraising

Friday night lights, football uniforms, cheerleaders, marching bands, nachos with bright yellow cheese served by Booster Club parents. All signs that fall has arrived in Texas. But the summer is when the action begins. The stadium needs a new scoreboard; … Continue reading

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Who’s in the group?

As a tax professional who has worked a lot with nonprofits, you’d think that I would understand group exemptions better – but, frankly, they have always been a bit mysterious to me. There are evidently over 4,300 group exemptions that … Continue reading

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Tax exemption revoked for 275,000 organizations

The IRS has released the list of over 275,000 nonprofit organizations that have lost their tax-exempt status as a result of failing to file a tax return for the last three years. Many of these organizations are no longer in … Continue reading

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Get a piece of the pie

If you own a small business or manage a small nonprofit, you should be excited about the small business health care tax credit available for 2010 tax returns. This credit is available to small business employers that provide health care … Continue reading

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Good news for small nonprofits!

Good news for small nonprofits! If revenues for your organization are less than $50,000 annually, you can just file a 990-N, e-Postcard, for the 2010 tax year. In the past, your revenues had to be less than $25,000 to file … Continue reading

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