6,000 Indiana nonprofits lose tax-exempt status
Nearly one in 10 registered nonprofits in Indiana lost their tax-exempt status in June because they failed to file newly-required paperwork with the Internal Revenue Service, a new analysis says.
IRS issues draft filing instructions
In advance of next year’s tax-filing season, the IRS has released draft instructions to guide nonprofits through the new Form 990.
Nonprofits advised on election-year lobbying
New IRS funding may mean increased scrutiny of nonprofits’ election-related activities, a public-policy expert says.
IRS recommends governance policies
Sound nonprofit governance, while not dictated by federal tax law, is important to successfully operate tax-exempt groups, the IRS says.