Not-for-Profit Articles

Persistence Pays

If donations play a critical role in sustaining your not-for-profit organization, then finding ways to maximize your fundraising efforts is an ongoing process. A strong follow-up program can help. In a perfect world, every... More

Governance and the IRS

The IRS is interested in how tax-exempt organizations govern themselves. Why? Accountability and tax compliance. The theory is that a well-governed organization is more likely to comply with tax laws, safeguard its assets,... More

Retirement Plan Limits and IRS Updates

With few exceptions, retirement plan limitations for the 2010 year are unchanged from 2009. The Internal Revenue Code requires that the dollar limits on contributions and benefits related to qualified retirement plans be... More

New Identity Theft Rule

Over the past several years, Congress has taken legislative action to address the growing problem of identity theft. As a result, penalties are much stiffer for those convicted under federal identity theft laws, and financial... More

Social Media and the Not-For-Profit World

With the development of interactive Internet applications (known as Web 2.0 tools) and the popularity of social media, tech-savvy not-for-profit organizations have new opportunities to increase their visibility. In the beginning,... More

IRS Steps Up Employment Tax Audits

This November, the IRS intends to launch a three-year National Research Program (NRP) initiative on employment taxes. The program is part of IRS efforts to close the tax gap — the difference between what taxpayers should... More

401(k) Plan Trends

A 401(k) retirement plan is a valuable benefit. Nonetheless, as employers look for ways to reduce expenses in the current economic environment, they are scrutinizing the cost of certain plan features, such as the popular... More

Be Sure You’re Registered

Is your organization registered as a charity in all the states it should be? This may have been a low priority in the past, but the redesigned Form 990 brings the issue front and center by asking organizations to provide... More

Executive Compensation Practices

While excessive corporate salaries have been generating headlines recently, not-for-profit salaries were in the spotlight not all that long ago. The negative publicity was a blow that, for a time, undermined the public’s... More