Every Nonprofit's Tax Guide: How to Keep Your Tax-Exempt Status and Avoid IRS Problems / Stephen Fishman J.D.

Your nonprofit enjoys special privileges not available to other organizations -- but they come at a price. Nonprofits must comply with rules and regulations that don't apply to for-profit ventures. Every Nonprofit's Tax

 

Guide explains these rules and what your nonprofit must do to maintain your tax-exempt status and avoid problems with the IRS.

 

This practical, thorough, and easy-to-read book explains both ongoing and annual compliance requirements for nonprofits, including:

- rules for charitable giving and cash donations
- Form 990
- unrelated taxable business income
- annual IRS filings and disclosures
- property donations
- bookkeeping basics
- working with independent contractors and volunteers
- restrictions on lobbying and political activities

 

Plus, the book also includes a chapter on the types of transactions that can get your nonprofit in hot water with the IRS.