A few weeks ago I wrote about protecting the tax-exempt status of your nonprofit organization. As promised therein, this post covers intermediate sanctions; however, before I broach that topic, I wanted to pass along a...
Category: Nonprofit & Tax-Exempt Organizations
Russell, Krafft & Gruber is proud to be exhibiting at the Pennsylvania Association of Nonprofit Organizations (PANO) Annual Conference held on April 6, 2010. This event features keynote speaker Robert Egger of the DC...
Protect the Tax-Exempt Status of Your 501(c)(3) Charity: The Prohibition on Private Inurement and the Private Interest Doctrine
February 22, 2010
Allowing a nonprofit organization to be tax exempt provides an incredible advantage by leaving the organization with more resources to accomplish its mission, especially with charitable organizations. However, the...
2009 Tax Deduction for 2010 Haiti Earthquake Donations
January 26, 2010
The tragic events recently suffered in Haiti have spurred millions of dollars in donations from American taxpayers to relief agencies devoted to helping earthquake victims. Through special legislation enacted on January...
IRS Standard Mileage Rate for 2010
December 9, 2009
The Internal Revenue Service has announced a new standard mileage rate for 2010, which is generally used to estimate the costs of operating an automobile for tax purposes. The new rate, effective January 1, 2010, is 50 cents...