The IRS recently issued Notice 2020-36 that proposes new requirements to qualify for group tax exemptions under Section 501(c) that would supersede Rev. Proc. 80-27. The proposed guidance does [...]
One of the most important assets for a nonprofit organization is an engaged board of directors. However, boards that do not have a clear understanding of their legal duties when it comes to their [...]
Guidance for Nonprofits on Managing Donor-Restricted Endowment Funds During the COVID-19 Pandemic
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In these uncertain times, nonprofits with donor-restricted endowment funds could see a substantial impact on the power of those funds. Below are some tips for managing endowment funds during the [...]
On September 22, 2020, the U.S. Department of Labor (DOL) released a proposed rule that establishes new standards for employers in determining whether a worker is an employee or independent [...]
Drawing a distinction between a church and a religious organization is not always easy; however, the distinction is important since churches are generally exempt from a number of legal [...]
The California Office of the Attorney General recently released its Charity Governance During the COVID-19 Pandemic guidance for nonprofits on how these organizations can fulfill some of their [...]
For most of 2020, everyday life has changed dramatically for almost every American due to the COVID-19 pandemic. However, for nonprofits and their boards, the necessity of continuing to comply [...]
California Governor Gavin Newsom has signed a bill into law that will impact how nonprofit higher education institutions will be recognized under the California Private Postsecondary Education [...]
Every church with employees needs to adopt clear policies and guidelines to ensure that its practices comply with labor laws, and there are a number of federal employment laws that do apply to [...]
On May 26, 2020, the IRS released final regulations on donor disclosure requirements that exempt many nonprofits — except 501(c)(3) nonprofits and 527 political organizations — from [...]