Nonprofit Resources
New IRS Guidance on Group Exemptions and Overtime Deduction
January 26, 2026 - The IRS has released information on the new process for obtaining group exemption letters, along with frequently asked questions (FAQs) related to the new overtime deduction.
Webinar for Nonprofits: 2025 Nonprofit Tax Year-End Review
December 11, 2025 - This year has brought significant tax changes for churches, higher education institutions, and other exempt organizations to be aware of and plan for. Watch this free recorded webinar for a look at the key provisions in the One Big Beautiful Bill Act and other recent developments, along with insight about what these updates may mean for your organization.
Treasury and IRS Announce 2025 Penalty Relief for Employer Reporting of Overtime Pay and Tips
November 7, 2025 - The U.S. Department of the Treasury and the IRS have announced penalty relief for tax year 2025 related to the new reporting requirements for qualified overtime compensation and cash tips enacted in the One Big Beautiful Bill Act. Here’s what employers need to know.
IRS Issues FAQs on Recent Employee Retention Credit Changes
October 29, 2025 - The IRS has published frequently asked questions addressing recent changes to the Employee Retention Credit (ERC) enacted under the One Big Beautiful Bill Act. Learn what the new ERC limitations may mean for your organization.
Nonprofit Issues Newsletter, October 2025
October 23, 2025 – Stay informed with helpful strategies and considerations for balancing staffing needs with software solutions, selecting the right financial reporting service, maintaining the tax-exempt status of a church bookstore, strengthening your cybersecurity, and more.
How to Ensure Your Church Bookstore Is Tax-Exempt
October 20, 2025 — Church bookstores can be wonderful resources for attendees and the church. It’s important to be aware, however, that your church bookstore may generate what the IRS considers unrelated business income (UBI), which is taxable. This article will help you understand the requirements for operating in a tax-exempt manner and how to remain in compliance.
Section 127 Plans Permanently Expanded to Include Student Loan Repayment
Employer-provided educational assistance programs, also known as Section 127 plans, have been permanently expanded to include payments toward qualified education loans. Here are the steps your organization should take if you want to implement a plan or update an existing one.
Nonprofit Issues Newsletter, August 2025
August 26, 2025 - Learn about key considerations and best practices for addressing nonprofit compensation, analyzing church debt ratios, managing changing higher education risks, and much more.
IRS Confirms Certain Information Returns and Withholding Tables Will Remain Unchanged for 2025
August 25, 2025 - The IRS announced that under the phased implementation of the changes in the One Big Beautiful Bill Act (OBBBA), Form W-2, existing Forms 1099, and Form 941 and other payroll return forms will remain unchanged for tax year 2025. Withholding tables will also remain unchanged.
What Nonprofits Need to Know About the One Big Beautiful Bill Act
July 29, 2025 - The One Big Beautiful Bill Act (the “OBBBA”) introduces significant changes for tax-exempt organizations, from churches and educational institutions to charitable foundations and advocacy groups. Learn about the key provisions affecting nonprofits.