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Sarah Piot

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Group Exemptions Are Finally Getting New Guidance After 40 Years

In January of 1980, the Internal Revenue Service (IRS) issued Revenue Procedure 80-27, the IRS’s prevailing authority on group exemptions. If issued

Allocations of Relief Funds for Higher Education Institutions Released by Department of Education

Institutions of Higher Education were allocated approximately $14 billion as part of the Higher Education Emergency Relief Fund that was included in the

Tax-Exempt Organizations Receiving an Increased Number of IRS Notices

Within the past month, we’ve seen a significant number of tax-exempt organizations receive notices from the IRS for a multitude of reasons, many
Not-for-Profit, Tax
Sarah Piot | 12.18.2019

Potential Change to the Private Foundation Excise Tax Rate

On December 17, the House of Representatives passed the Taxpayer Certainty and Disaster Tax Relief Act of 2019. The bill includes a provision to eliminate

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New Submission Requirements for Forms 1099-MISC

The Protecting Americans from Tax Hikes (PATH) Act of 2015 updated the due date filing requirements for Forms 1099-MISC as follows: January 31 - Reporting

Pennsylvania Nonprofit Alert: State Raises Audit Requirement Threshold

On December 22, 2017, Governor Tom Wolf signed two legislative measures that amend the Pennsylvania Solicitation of Funds for Charitable Purposes Act.

Potential Audit Relief for Charitable Organizations Soliciting in Pennsylvania

Charitable organizations soliciting contributions in the state of Pennsylvania could see changes coming to the thresholds for audit requirements. In September,

Form 1098-T Reporting Requirements Change for Tax Year 2018

The Internal Revenue Service recently announced that colleges and universities will no longer have relief from the Box 1 reporting requirement on Form

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Approved IRS Form 1023-EZ Data Now Available Online

The Internal Revenue Service (IRS) announced that it will now make approved Form 1023-EZ data available to the public through its website. Form 1023-EZ,

Exempt Organizations Extension Changes To A Single Request

As a result of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, this January, the IRS released an updated version of

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