Every Nonprofit's Tax Guide: How to Keep Your Tax-Exempt Status & Avoid IRS Problems

The ultimate tax guidebook for any nonprofit organizationNonprofit entities enjoy unique privileges that distinguish them from other types of organizations. However, these benefits also entail specific responsibilities. Nonprofits are required to adhere to specialized IRS regulations and guidelines in order to maintain their tax-exempt status.Practical, thorough, and presented in an accessible manner, The Complete Tax Manual for Nonprofits offers comprehensive insights into the ongoing and yearly IRS compliance prerequisites tailored to nonprofits. Some of the key areas covered include:A detailed breakdown of Form 990Guidelines for electronically submitting Form 990-EZRegulations regarding conflicts of interest and compensationRules governing charitable contributionsUnrelated taxable business income stipulationsConstraints on lobbying and political involvementNonprofit accounting and record-keeping proceduresWhether you're embarking on the establishment of a new nonprofit or already have an established presence, this guide equips you with all the essential information required to navigate the common pitfalls that nonprofits often encounter in their dealings with the IRS.Enhanced with Downloadable ResourcesDiscover a collection of policy documents and forms, encompassing examples such as a conflict of interest policy sample, a rebuttable presumption checklist, and an expense report form, conveniently available within the pages of this book.