In addition, the lobbying and political activities of exempt organizations are facing ever-increasing scrutiny from Congress, the media, and the general public. The increased attention to this topic makes it even more important for you to understand these laws and their applicability to your organization.

Tate & Tryon understands the special concerns that exempt organizations may have regarding their lobbying and political activities. We understand the intricacies of these various tax laws as they affect your organization. We stay informed of the tax law changes as they happen, and we keep you updated on current developments affecting your business. With our expert understanding of these rules and their applications, we can help your organization stay in compliance, minimize any tax burden, and avoid unnecessary penalties and exemption challenges.

 

Among the services we provide are:

  • Form 1120-POL Tax Compliance and Reporting
  • Review of Allowable Activities
  • Section 501(h) Elections and Considerations
  • Lobbying Expense Calculation Methodologies
  • Nondeductible Expenses and Membership Notifications
  • Proxy Tax Compliance and Analysis
  • Political Action Committee Reporting and Compliance

INSIGHTS & RESOURCES

Tax-Exempt Organizations and 2017 Tax Reform

Posted on , updated on

Uncategorized11/23/2017

Dear Friends in the Tax-Exempt Community:
Below is a brief overview of the key tax reform proposals relating to tax-exempt organizations. As you know, Congress is currently putting together legislation to effect significant tax reform with a timeline of having it enacted this year. Although Congress is still negotiating, the following reform proposals may impact your […]

Royalty Income of Nonprofits is Being Targeted for Taxation!

Posted on , updated on

Uncategorized11/20/2017

The Senate Finance Committee’s version of the Tax Cuts and Jobs Act includes a number of items that would impact nonprofits.
Perhaps the most immediately significant is the provision that would call for taxing the revenue generated from royalties related to licensing a nonprofit’s name and/or logo. Royalty revenue has traditionally been exempt from income taxes. […]

How Could Federal Tax Reform Impact Nonprofits?

Posted on , updated on

Exempt Organization Tax11/17/2017

Uncategorized11/17/2017

By:  Doug Boedeker, CPA, Partner
It has been a challenge staying current on the twists and turns involved with the proposals for Federal Tax Reform. Many of the ideas within the tax reform package have a direct impact on nonprofit organizations.
Charitable deductions, executive compensation, employee fringe benefits, and intermediate sanctions are just some of the “hot […]

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