Category Archives: Tax exempt organization

Starting a Nonprofit?

The IRS Form 1023 EZ makes it extremely easy and less expensive for applicants to apply to the IRS for recognition as a 501(c)(3) tax exempt nonprofit. While serving on the IRS Advisory Committee on Tax Exempt and Government Entities … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), IRS, IRS ACT committee, Martin Law Firm, Marty Martin, Nonprofit lawyer, Nonprofit lawyer, Nonprofit Organizations, North Carolina Lawyer for Nonprofits, North Carolina nonprofit lawyer, Starting a Nonprofit, Tax exempt organization | Leave a comment

Shifting the Burden of Taxes to a Simpler Form and Tax Rate

When corporations and individuals do not pay taxes because of deductions, depreciation and credits, the relevant question is to whom does the burden of taxation shift? Do you want a simpler federal tax code that is easier to understand, pay, and … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), Chronicle of Philanthropy, Flat tax, IRS ACT committee, IRS Forms, Martin Law Firm, Marty Martin, Nonprofit lawyer, Nonprofit Organizations, Nonprofit Quarterly, North Carolina nonprofit lawyer, Tax, Tax exempt organization, Unrelated business income, Unrelated Business Income Tax | 1 Comment

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

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IRS 1023 EZ

On July 1, 2014, the IRS announced its new IRS Form 1023 EZ. This form is designed to ease and expedite the application process for small organizations which project $50,000 or less in income and assets of less than $250,000 during … Continue reading

Posted in Advisory Committee on Tax Exempt and Government Entities (ACT), Exempt organization, IRS, IRS Forms, Nonprofit Organizations, North Carolina Lawyer for Nonprofits, Starting a Nonprofit, Tax, Tax exempt organization | Tagged , , , , , , , , , | Leave a comment

Exempt Organizations – What Do You Call Your Organization?

Following my recent AFP webinar “When Raising Money, 10 Legal Things to Avoid” several participants wrote to ask what is the difference among the following:    Nonprofit corporation:  This corporate entity is generally defined by state law.  The definition may characterize a nonprofit corporation as having no … Continue reading

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IRS – ACT Report

The Advisory Committee on Tax Exempt and Government Entities (ACT) presented its annual “Report of Recommendations” to the IRS at its public meeting on June 15, 2011.  The committee’s recommendations covered topics related to: Tax exempt bonds and conduit issuers; Social security administration for state … Continue reading

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