News

How did A3 Foundation spend its county tax dollars? Miami-Dade mayor orders audit
The charity facing scrutiny over state and county funding now is the subject of an audit demand from Miami-Dade's mayor.
IRS PLR: S Corporation Termination Inadvertent, Relief Granted (IRC §1362)
The IRS has published a private letter ruling on IRC §1362(f), concluding that the taxpayer’s S corporation election termination on a specified date is treated as an inadvertent termination. The ...
Disaster relief nonprofit announces new plan to serve hot meals in the Hill Country
Mercy Chefs says they are staying for the long haul three weeks after flooding devastated the Hill Country. Anne Burrell ...
‘The invoice has no detail': County accountants flagged foundation's check request
Loud and Live puts on CountryFest, but Miami-Dade used an obscure charity to pay the company for the Tropical Park rodeo ...
Pa. Replaces Decennial Reports With Annual Filing: What Nonprofits Need to Know
As of Jan. 1, 2025, the Pennsylvania Department of State implemented new reporting requirements for most Pennsylvania ...
IRS PLR: Extension of Time to Make Corporation Election Granted (IRC §7701)
The IRS has published a private letter ruling on Treas. Reg. §301.7701-3, granting the taxpayer, a limited liability company, an extension of 120 days from the date of the letter ...
IRS PLR: Extension of Time to File Election Statement Granted (IRC §362)
The IRS has published a private letter ruling on Section 362 and Treas. Reg. Sections 1.362 and 301.9100. The ruling grants the taxpayer an extension of time until 75 days ...
How the recent IRS filing challenges the boundaries between faith and politics
"Our faith should inform our vote. Our votes shouldn’t drive our faith," says religious liberty expert about the IRS filing ...