Category Archives: Current events and comments

A Web Link on IRS.gov

Nonprofit Quarterly published my article “The Case of the Disappearing Exempt Organizations Link on IRS.gov”  on Wednesday, August 24, 2016. It is a short article -well not quite as short as this blog.  My article was prompted by a 2016 … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), Current events and comments, Exempt organization, Exempt Organizations, IRS, Nonprofit lawyer, Nonprofit Organizations, Tax, Tax exempt organization | Leave a comment

IRS ACT

For the past three years I served on the IRS Advisory Committee on Tax Exempt and Government Entities, known also as “the ACT”, and its related Exempt Organization (“EO”) subcommittee.   Our subcommittee worked directly with the IRS leadership which oversees the nation’s nonprofit … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), Current events and comments, IRS, Nonprofit Organizations, Tax exempt organization | Tagged , , , , | Leave a comment

Public Funds Bring Increased North Carolina Nonprofit Transparency

Effective October 1, 2012, North Carolina nonprofit corporations receiving more than five thousand dollars ($5,000.00) of public funding  within a fiscal year from any local, state, or Federal government shall disclose their latest annual financial statements upon written demand from any member … Continue reading

Posted in Board of Directors, Current events and comments, Exempt Organizations, Governance, Management, Nonprofit Organizations, North Carolina | Tagged , , , , , , , , | Leave a comment

IRS ACT Report

The IRS Advisory Committee on Tax Exempt and Government Entities (“ACT”) issued its eleventh “Report of Recommendations” at a public meeting recently held at the IRS headquarters in Washington, D.C.  The ACT consists of legal practitioners, external stakeholders, and representatives who advise and work with employee retirement plans; tax-exempt organizations; … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), Current events and comments, IRS, Nonprofit Organizations, Starting a Nonprofit | Tagged , , , , , , | Leave a comment

Philanthropy in America: A History

Nonprofit clients generally only want to know what they can or cannot do. They seldom ask about the history which often explains current nonprofit laws and practices. However, understanding the history of modern philanthropy is invaluable for providing context. Philanthropy … Continue reading

Posted in Books, Current events and comments, Nonprofit Organizations | Tagged , | Leave a comment

Sustainability: Walmart, Whole Foods, Patagonia, and Benefit Corporations

On April 22, 1970 the first Earth Day initiated significant awareness about environmental sustainability which encompasses a product’s full life cycle impact on the environment. Although Earth Day’s intial effect on business was minimal, this post describe how public and … Continue reading

Posted in Benefit Corporations, Board of Directors, Business and Nonprofits, Current events and comments, Fourth Sector, Social Enterprise, Social Entrepreneurship | Tagged , , | Leave a comment

Moral Leadership or Special Interest Supplicants?

A recent talk by Robert Greenstein, founder and CEO of the Center for Budget and Policy Priorities and a MacArthur Fellow, questioned the impact on the less fortunate and a social compact decimated by current federal and state budget and political battles.  He highlighted public policy challenges and choices arising … Continue reading

Posted in Advocacy and Lobbying, Current events and comments, Nonprofit Organizations | Tagged , , , , | Leave a comment

IRS and States- Registered agents, revocations, and responsibility

In the wake of the IRS’ initial announcement that more than 275,000 nonprofits had their exempt status revoked, the IRS noted new revocations will published monthly.  These revocations occur as a matter of law because a nonprofit didn’t file their  IRS 990 forms for three consecutive years and are not a discretionary act by … Continue reading

Posted in Board of Directors, Current events and comments, Exempt organization, Exempt Organizations, IRS, Nonprofit Organizations | Tagged , , , , , , | Leave a comment