Nonprofits

The outbreak of COVID-19 in the U.S., the state and local governments’ responses to it, and the resulting impact on the general public, have significantly affected nonprofit organizations.  Charitable organizations that provide food and other basic necessities and services, including those that support medical and mental health needs of the public, are facing increased demand.…

With an election year upon us (and the recent disruption to activities and potential legislation due to COVID-19), it is prudent for nonprofit 501(c)(3) organizations to review the Internal Revenue Service (IRS) rules relating to political activities, such as lobbying to influence legislation and endorsing specific candidates.  An organization may desire to spend funds to…

IRS Annual Returns The Taxpayer First Act, enacted July 1, 2019, requires tax-exempt organizations to electronically file information returns and related forms with the Internal Revenue Service.  The new law affects tax-exempt organizations in tax years beginning on or after July 1, 2019. Several tax forms are included in the mandate, including: Form 990, Return…

On September 10, 2018, Governor Brown signed a bill (AB 2557) regarding ex officio directors, which will become effective January 1, 2019. Ex officio directors, i.e. persons serving as directors by virtue of occupying specified positions within or without the corporation, are commonly included on nonprofit boards. For example, they may include positions such as…