Archives for November 2013

IRS ISSUES GUIDELINES FOR TAX-EXEMPT GROUPS

The IRS published a news release this afternoon that outlines new guidelines for non-profit organizations. The guidelines will help identify how much of a non-profit's efforts need to go toward social welfare compared to political activity, and how to define the political activity that takes place in a tax-exempt group. Treasury, IRS Will Issue Proposed Guidance for … [Read more...]

IRS Warns of Charity Scams After Disasters

After recent disasters like the devastating typhoon in the Philippines and deadly tornadoes in the midwest, it is not uncommon for charity scams to appear. Fake charities pop up online, through social media, and even over the phone. It is important to help people in need, but it is equally important to pay attention to the charities that take your money. In a recent press … [Read more...]

Audit Settlement Program from the IRS

The Internal Revenue Service announced this week they are implementing a nation-wide program that expedites settlements for small businesses being audited by the IRS. The program is called Fast Track, and it was created to help small businesses and self-employed people have the same alternatitive dispute rights that big businesses have had for years. Under the Fast Track … [Read more...]