Churches and charities that receive tax-deductible charitable contributions are subject to federal tax laws. In particular, the Internal Revenue Code (IRC) requires that donors obtain specific [...]
Social welfare organizations enjoy tax-exempt status under §501(c)(4) of the Internal Revenue Code (IRC). However, these organizations must meet certain requirements under the IRC to maintain [...]
Churches often provide housing assistance for their pastors or ministers, whether it be a church-owned parsonage or some type of housing allowance. Whatever the situation, housing allowances [...]
The bylaws of a nonprofit organization are a legally binding document that dictates how board members or directors must operate the organization. Therefore, failing to follow the bylaws can [...]
The Revenue Act of 1913, also known as the Underwood Tariff Act, established the federal income tax exemption for business leagues. This exemption continues today in Section 501(c)(6) of the [...]
IRC 527 addresses the federal taxation of political parties and organizations. This IRC section took effect for the tax year that began January 1, 1975, and established the only taxation for [...]
Corporate sponsorship generally is a beneficial arrangement for the charities, think tanks, and other tax-exempt organizations, as well as the corporations sponsoring them. Generally, the [...]
The California Department of Justice, Office of the Attorney General, recently released an Audit of Donor Advised Fund (DAF) sponsors registered with its office. The OAG fund the Audit necessary [...]
Charitable organizations, such as think tanks, which work on the border between education and politics, may have tax-exempt status under 501(c)(3) of the Internal Revenue Code (IRC). Those [...]
California Bus. & Prof. Code §18975, which California Governor signed into law on September 16, 2021, establishes important requirements for all youth service organizations, including [...]
