Every Nonprofit's Tax Guide: How to Keep Your Tax-Exempt Status and Avoid IRS Problems
Stephen Fishman, "Every Nonprofit's Tax Guide: How to Keep Your Tax-Exempt Status and Avoid IRS Problems"
ISBN: 1413319297 | 2013 | EPUB | 472 pages | 7 MB
Tax rules for your nonprofit – stay legal and keep the IRS off your back
Your nonprofit enjoys special privileges not available to other organizations – but they come at a price. Nonprofits must comply with rules and regulations that don't apply to for-profit ventures.
Every Nonprofit's Tax Guide explains these rules and what your nonprofit must do to maintain tax-exempt status and avoid problems with the IRS.
This practical, thorough, and easy-to-read book explains both ongoing and annual compliance requirements for nonprofits, including:
- rules for charitable giving and cash donations
- Form 990
- unrelated taxable business income
- annual IRS filings and disclosures
- property donations
- bookkeeping basics
- working with independent contractors and volunteers
- restrictions on lobbying and political activities
The book also includes a chapter on the types of transactions that can get your nonprofit in hot water with the IRS.