Category Archives: Tax

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 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

IRS – 275,000 Revoked Nonprofits and Guidelines to Reinstatement

The IRS announced that approximately 275,000 nonprofits nationwide had their tax exempt status revoked because they failed to file their 990 form for three consecutive years.  In North Carolina there are about 6, 300 nonprofits with their tax exempt status now revoked.   Many of these organizations are likely defunct or … Continue reading

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IRS – Advisory Committee on Tax Exempt and Government Entities

The Internal Revenue Service announced my appointment to serve as one of ten new members to the IRS Advisory Committee on Tax Exempt and Government Entities (“ACT”).  The ACT consists of external stakeholders and representatives who “provide valuable feedback and insight … Continue reading

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