Tax Notes The Tax Cuts and Jobs Act raised the Child Tax Credit from $1,000 to $2,000. Of this, up to $1,400 can be a refundable credit. The Internal Revenue Service has not fully explained how this will work, but I’ll
Tag: exempt
SOS to Dissolve Qualified Inactive California Nonprofit Corporations
Nonprofit Administrative Dissolution Beginning January 2017, we will move forward to administratively dissolve qualified inactive nonprofit corporations. Assembly Bill 557 (Stats. 2015, ch. 363), which becomes effective January 1, 2017, provides for the administrative dissolution of qualified inactive nonprofit corporations.
Exempt Organizations Filing Deadline is today May 16th
When to File May 16, 2016 is the filing deadline for many exempt organizations. The IRS cautions taxpayers and professionals to not include Social Security Numbers or other unneeded personal information on Form 990.
IRS Webinar – Help for Charities
Register for the IRS webinar: Help for charities Thursday, Dec. 18 at 2 p.m. ET, 11 a.m. PT You’ll learn: Section 501(c)(3) Exempt Purposes Key activities including o Private Benefit or Inurement activities o Lobbying or legislative activities o Filing requirements o Unrelated business
May 15th Filing Deadline for Exempt Organizations
The IRS has a few important reminders as the May 15 filing deadline for many tax-exempt organizations fast approaches. Make sure you file Form 990 if you are required to file. Filing the form is very important for many groups