Nonprofit Resources
Gift Week: De Minimis Fringe Benefits
Learn what counts as de minimis fringe benefits to employees and how to handle them from a tax standpoint.
Gift Week: Charitable Contribution Acknowledgments
Learn when a nonprofit should provide a receipt or acknowledgement to a donor, and what that should entail.
Gift Week: Vehicle Donations
A taxpayer donates a used van to a 501(c)(3) public charity. Does the charity need to file a Form 1098-C for the van and send a copy to the donor?
Gift Week: Business Gift Limits
Incidental costs, such as engraving on jewelry, or packaging, insuring, and mailing, are generally not included in determining the cost of a business gift for purposes of the $25 limit.
Nonprofit Tax UBIT Update: Educational Periodicals
Learn how the unrelated business income cost allocation rules of Section 1.512(a)-1(f) of the Income Tax Regulations apply to educational periodicals.
Tax Considerations for Members of Religious Orders
Services performed as a member of a religious order in the exercise of duties required by the order are considered ministerial services by the IRS. Learn more about the tax considerations for members of religious orders.
How to Ensure Your Church Bookstore is Tax-Exempt
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.
Medical Premium Refund for Small Organizations
The new health reform legislation includes a tax benefit for eligible small employers who buy medical insurance for their employees. The potential of a refund makes this worth looking into.
2013 Higher Education Tax Reporting Trends Project
See how the participants in our 2013 survey responded to questions about chapel services, conflict of interest policy updates, the use of outside vendors for food services, receipt of non-cash gifts, youth summer camps, sports programs and more. We also provide key points from the IRS's Colleges and Universities Compliance Project Final Report.
