IRS, Governance and the Form 990 I’ll lead off with some exiting news. Well, it’s exiting to me at least. Last week I learned that the Urban Institute’s efile.form.990 site should start being able to process the latest version of the form 990 by the end of July (not June). Their system allows you [...]
Posts under ‘IRS’
A Nonprofit News Round-Up
Today I just have a short round up of interesting items from the last few weeks. But I first want to say thanks to the Nonprofit Congress Blog for mentioning this blog in the Nonprofit Blog Carnival it recently hosted. This piece is from mid May but it is worth another mention. The article is [...]
Employee Classification
A little of this, and a little of that today; employee classification issues and two Q&A’s: payroll and capitalization issues. Exempt vs. Nonexempt, Independent Contractor vs. Employee I came across what I think is an interesting piece, The workplace violations feds will be investigating this year. Not surprisingly there is an increase in funding for [...]
Nonprofit Administrative Costs
Two questions recently got me thinking about administrative and overhead expenses. Below are the questions and the answers I sent: Question #1: Should a depreciation expense be included in the calculation when looking at the percentage of administration expenses to total operating expenses with a nonprofit? Answer: It is a good idea to allocate and [...]
