Key Federal Tax Figures for 2023
January 18, 2023 - Our 2023 Key Federal Tax Figures summary is designed to be a helpful reference tool throughout the year. Download or print your free copy.
Webcast for Nonprofits: 2022 Nonprofit Tax Year-End Review
December 15, 2022 - Watch this recorded webcast for a summary of the most important changes taking place in exempt organization tax. We focus on areas that are changing and areas that remain unchanged — all with an eye toward what 2023 will bring.
New Report Cites Continued Pandemic Relief Refund Delays at the IRS
September 20, 2022 - A recent report found that due to continued processing delays at the IRS, many entities have not yet received pandemic relief benefits, including those related to the Employee Retention Credit (ERC) and Sick and Family Leave Credits.
IRS to Provide Automatic Penalty Relief for Certain 2019 and 2020 Returns
September 8, 2022 - The IRS announced that it will provide automatic penalty relief for certain 2019 and 2020 returns filed no later than September 30, 2022.
Nonprofit Issues Newsletter, August 2022
August 25, 2022 - Topics include effective goals for nonprofit boards, data on the impact of inflation, lessons learned from data breaches, and more.
New IRS Sign-in Process for Form 990-N Filers
August 24, 2022 - Starting in August 2022, the IRS has implemented a new sign-in process for nonprofit entities that file Form 990-N, Electronic Notice for Tax-Exempt Organizations (e-Postcard).
Educators Can Deduct Up to $300 in Out-of-Pocket Classroom Expenses in 2022
August 24, 2022 - For 2022, the maximum expense deduction eligible educators may take for qualifying out-of-pocket classroom expenses has increased to $300. This is the first time the educator expense deduction has increased since it was enacted in 2002.
New Indiana Sales Tax Rules for Nonprofits and Churches Go Into Effect on July 1
June 16, 2022 - Indiana is changing the circumstances under which nonprofit organizations, including churches, are exempt from collecting sales tax. The new rules are effective July 1, 2022.
Employee Retention Credit Assistance and Answers
April 26, 2022 - Many questions about the Employee Retention Credit (ERC) remain, including how to navigate through the rules and regulations to determine eligibility and what counts as qualified wages. CapinCrouse can help. Gain insight with our new video and FAQs.
Employee Retention Credit Frequently Asked Questions
April 20, 2022 - Answers to common questions about the Employee Retention Credit, including how to determine eligiblity, what qualified wages are, how to claim it, and more.