Your accounting function is key to your organization and should be reviewed regularly. The following six errors are made frequently by many nonprofits. Make sure you address each area. 1. […]
The IRS Exempt Organizations office has released an alternative version of Form 1023, “Application for Recognition of Exemption under Section 501(c)(3) of the Internal Revenue Code.” The new application features […]
The Exempt Organization (EO) arm of the IRS is examining a “statistically valid sample” of nonprofits this year to see if those reporting substantial gross unrelated business income (UBI) for […]