Nonprofit Tax Exemption Applications Must Now Be E-filed

The desire to help others is one that is shared by most everyone regardless of occupation, income status and location. The transformation of the desire into a passion is when many take action and investigate how to start a nonprofit organization. There are several steps to take which include; identifying

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Parking Tax Repealed and Private Foundations Tax Change

On December 20, 2019, President Donald Trump signed into law a tax package/funding bill which retroactively repeals the transportation fringe benefit tax that was enacted in the Tax Cuts and Jobs Act (TCJA).  The “Parking Tax” was an incredible burden on the tax-exempt sector and caused many organizations to pay

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Non-Profits & the Overhead Myth

When it comes to non-profits, the word “overhead” carries a lot of weight. For example, Form 990 has an entire page dedicated to breaking out an entity’s expenses by type, with a total at the bottom which sums all program, fundraising, and administrative expenses–the latter two collectively known as “overhead.”  

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Reminder: Ohio non-profits must register online

The Ohio charities and non-profits registration process has changed with the launch of the Online Charitable Registration System. The new system, which launched December 1, 2011, aims to eliminate the paper-based process of filing with the Ohio Attorney General. Moreover, the Online Charitable Registration System will increase transparency and accountability

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