Supreme Court Rules States Can Now Tax Online Sales Made by Remote Sellers
June 22, 2018 - The Supreme Court has ruled that states can now tax the online sales remote sellers make to residents of their state. The Court’s decision in South Dakota v. Wayfair overturned the longstanding physical presence test.
Nonprofit Issues Newsletter, June 2018
How to enhance your fundraising with planned gifts, disclose and present liquidity, craft a motivating mission statement, and more.
Enhance Your Fundraising with Planned Giving
While planned gifts can be complex, taking the time to understand the different techniques and how they might enhance your nonprofit’s fundraising can pay off. Even small organizations can benefit from simpler options, and larger organizations may not be aware of all the techniques available.
IRS Launches New Online Tool with Enhanced Data on Exempt Organizations
The new Tax Exempt Organization Search (TEOS) is designed to provide users with faster, easier access to more types of information.
Nonprofit Issues Newsletter, April 2018
Get insight on nonprofit mergers and acquisitions, an update on the deductibility of moving expenses, strategies for improving organizational performance, and more.
Taxability of Transportation and Parking Fringe Benefits
Under the new tax law, organizations that provide qualified transportation and parking fridge benefits to employees must now include the value in UBIT and report it on Form 990-T.
2018 Higher Education Tax Update
Download your free copy of the CapinCrouse 2018 Higher Education Tax Update for information and insight on tax reform, recent rulings and developments, and much more.
IRS Issues Guidance on Failure to Meet Required Minimum Distribution Standards for 403(b) Plans
The IRS has directed employee plan examiners to not challenge 403(b) plans for failing to satisfy the required minimum distribution standards if the plan cannot locate the participant and has taken certain steps.
Tax-Free Reimbursement and Deductibility of Moving Expenses Suspended Under the New Tax Act
Previously, employers could for or reimburse moving expenses for new or relocating employees on a tax-free basis. However, under the new tax bill these payments are now taxable to the employee.
The Treasury Department's 2017-2018 Priority Guidance Plan sets forth guidance priorities for the Treasury and the IRS based on public input, and taking into account the burden-reducing policies of the administration. The Plan has 10 items in the Exempt Organization (EO) area.