IRS 1099-NEC Awareness Day

By |2021-01-08T12:46:57-05:00January 8th, 2021|News|

The Tax Exempt and Government Entities Division (TEGE) invites you to join them for a free Zoom awareness meeting on either January 12, 2021 or January 14, 2021. This meeting is designed to help exempt organizations understand the new Form 1099-NEC (Non-Employee Compensation) reporting requirements for the 2020 filing season. To join, click on the

Important Year-End Considerations for Pennsylvania Nonprofits

By |2020-12-13T18:58:49-05:00December 13th, 2020|News|

Pennsylvania requires certain organizations (including nonprofits) to file a Decennial Report every 10 years in years ending with the numeral “1” (e.g., 2001, 2011, 2021), unless the nonprofit has, during that 10-year period, filed another report with the state. If a nonprofit fails to file a required Decennial Report, it continues to exist, but

IRS Update: Information about Automatic Revocation

By |2020-10-26T17:22:08-04:00October 26th, 2020|News|

As you may know, if an organization fails to file a Form 990 series return for three consecutive years, the IRS will automatically revoke its tax-exempt status (“auto-revocation”).  This year due to Covid-19, all filing dates that otherwise would have fallen during April 1- July 14 have been extended by the IRS to July

International Charity Fraud Awareness Week

By |2020-10-26T17:20:33-04:00October 19th, 2020|News|

NEWS UPDATE: This week (Oct. 19 – Oct. 23) is International Charity Fraud Awareness Week (ICFAW), a week-long effort designed to raise awareness of, and share good practices for tackling, fraud and cybercrime in the nonprofit sector. ICFAW provides resources that can help protect charities and other nonprofit organizations from becoming victims. More information