Most tax-exempt organizations have an annual Form 990 filing requirement, and organizations that fail to file the required Form 990…
READ MORE
Staying ahead of what matters most to nonprofits
Resources
We strive to keep our clients and the nonprofit community informed of important legal matters impacting their organizations. Here you’ll find in-depth articles, news briefs on current events important to nonprofits, and case studies, as well as material from our many speaking engagements and professional articles published in Colorado and across the country.
If you’d like to receive articles as they are published, please subscribe to our Nonprofit Law Blog.
990, 990-PF E-filing Requirement Coming Into Play
The IRS will be sending notices to exempt organizations that have filed paper returns to remind them that they will…
READ MORE IRS Provides More Guidance on UBTI and Net Operating Losses
The IRS has expanded its guidance on exempt organizations’ calculation of unrelated business taxable income (UBTI), and the ability to…
READ MORE
IRS Focusing on Private Foundations and Self-Dealing
The Nonprofit Law Prof Blog has reported that the IRS has announced it will be conducting audits of more than…
READ MORE
Proposed Excess Compensation Rules Address Related Organization Concerns
The IRS has released proposed regulations that are intended to provide comprehensive guidance on Section 4960 of the Internal Revenue…
READ MORE Coronavirus Impacts the IRS and Tax Filings
We at Leaffer Law Group understand that everyone has been inundated with coronavirus updates, and we do not wish to…
READ MORE
Foundation Net Investment Income Tax Rules Get Needed Simplification
Most private foundations will begin paying a lower rate of tax on their net investment income starting this year. On…
READ MORE Going Paperless: IRS Requires Online Submission of Form 1023
The IRS announced last week that all Form 1023 applications for tax-exempt status under Section 501(c)(3) must be filed electronically…
READ MORE
501(c)(6) Refresher: Line of Rulings Clarify Permissible Purposes
The IRS has been releasing a number of adverse determination rulings recently regarding 501(c)(6) organizations. By way of background, a…
READ MORE
Flexible Giving Accounts Legislation Getting Another Look
Last week, the Everyday Philanthropist Act that provides for the creation of “Flexible Giving Accounts” was reintroduced to the House…
READ MORE