Those tax-exempt organizations which file their 990 series forms on paper will soon receive letters from the Internal Revenue Service (IRS) informing them that they must now file their forms electronically.
With hurricane season upon us, employers may be considering how they can help employees if disaster strikes. For employers desiring to aid employees affected by a disaster, there are a number of avenues available to assist during these times. However, employers should be aware of the tax implications of such assistance.
Charitable organizations must abide by certain rules in order to solicit contributions in New York. Effective March 21, 2019, there will be two new requirements for charities engaging in solicitation. While the changes are minor, charitable organizations soliciting in New York will need to make adaptations to their solicitations to comply with these rules.