Every nonprofit's tax guide : how to keep your tax-exempt status & avoid IRS problems
Edition
7th edition.
Publication Information
Berkeley, California : NOLO, 2022.
Physical Description
468 pages : illustrations, forms ; 23 cm
Series
Summary
The essential tax reference book for every nonprofit. Nonprofits enjoy privileges not available to other organizations. But these privileges come with obligations: Nonprofits must comply with special IRS rules and regulations to maintain their tax-exempt status. Practical, comprehensive, and easy to understand, Every Nonprofit's Tax Guide explains ongoing and annual IRS compliance requirements for nonprofits, including: a detailed look at Form 990, line-by-line instructions for Form 990-EZ, conflicts of interest and compensation rules, charitable giving rules, unrelated taxable business income rules, lobbying and political activity restrictions, and nonprofit bookkeeping. Whether you are just starting your nonprofit or are well established, you'll find all the information you need to avoid the most common issues nonprofits run into with the IRS. -- Provided by amazon.com.
Notes
Includes index.
Contents
- Nonprofits and the IRS
- Annual IRS filings-the form 990
- Record keeping and accounting
- Volunteers, employees, and independent contractors
- Charitable giving-the basics and cash donations
- Property donations
- Excessive compensation, sweetheart deals, and other ways to get in trouble with the IRS
- Nonprofits that make money and UBIT
- Lobbying and political campaign activities
- Help beyond this book.