News

The $3.4T One Big Beautiful Bill Act brings major tax changes for nonprofits, affecting investment income, compensation, giving, and clean energy.
A tax-exempt charitable organization files a federal tax return using either a Form 990 or a Form 990-EZ if its gross receipts are under $200,000 and it owns assets valued at less than $500,000.
Historically, nonprofit tax exemption has been justified by the public goods theory—the idea that these organizations provide services that the government either cannot or will not fully provide.
David Thompson of the National Council of Nonprofits talks about how tax policy affects tax-exempt organizations and tax issues on the nonprofit industry’s radar today.
Pitmaster Pete Trevino is taking his Big Bertha Foundation to the next level by becoming a 501(c)(3) nonprofit, allowing the ...
Tax-Exempt vs. Nonprofit. It's common to hear the terms "nonprofit" and "tax exempt" used interchangeably, and many organizations are both nonprofit and tax-exempt. But there's an important ...
An organization that's active politically, lobbying government to pass particular legislation, might qualify as a nonprofit. It wouldn't make the tax-exempt grade with the IRS.
Twenty-five of the last 28 winners of the Payton award, including Heyward, have founded a tax-exempt organization since the award was named after the former Chicago Bears star in 1999.
A Maryland nonprofit that has received more than $50 million in taxpayer funds through the City government faces a series of ...
12:15PM Federal Tax Update from the IRS and Treasury. Representatives from the IRS and Treasury Department will discuss topics of current interest to tax exempt organizations practitioners.