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Hundreds of Thousands of Nonprofits May Lose Tax Exemptions for Failing to File Tax Returns

May 17, 2010, is the deadline for nonprofit corporations that are tax exempt organizations (other than churches) with less than $25,000 in income to file IRS form 990-N.  A change in the law three years ago become effective on May 17th.  See “Thousands of nonprofits may lose tax-exempt status” and “Thousands of non-profits could [...]

Nonprofit Law Urban Legends

CharityLawyer:  “I recently contacted Gene Takagi, a noted California nonprofit lawyer, to confirm or deny an assertion regarding California nonprofit law that was made to one of our clients.  He was kind enough to clarify the matter.  We discussed that there are many such ‘nonprofit law urban legends’ and he suggested that [...]