Nonprofit Resources
Repeal of the Parking Tax Is Now Law
December 23, 2019 - It's official: President Trump has signed the legislation repealing the parking tax. Organizations that paid tax on disallowed fringe benefits may file an amended return seeking a refund.
Early Christmas Gift? Repeal of the Parking Lot Tax Pending
December 18, 2019 - The long-awaited repeal of Internal Revenue Code section 512(a)(7) appears all but assured. The repeal would be retroactive to the date of enactment.
One Year After Wayfair: What Nonprofits Need to Know
The South Dakota v Wayfair case opened the door for states to require organizations to collect and remit sales tax even if the organization has no in-state physical presence. Take a look at what’s changed and the challenges that may still be ahead for nonprofits.
The Importance of ACA Compliance for Churches
July 30, 2019 - The IRS will be contacting some churches about the Affordable Care Act. All church leaders should ensure their churches are compliant.
IRS Answers Many Questions on New 21% Executive Compensation Tax
Learn more about the new executive compensation tax on “excess” executive compensation paid by tax-exempt and certain governmental entities.
IRS to Allow Schools to Publicize Nondiscrimination Policies Online
May 15, 2019 - Tax-exempt schools will now have three options for publicizing nondiscrimination policies. Here's what you need to know.
Racial Nondiscrimination Certification for Tax-Exempt Schools
Every tax-exempt school must annually certify to the IRS that it does not discriminate on the basis of race. Here’s what you need to know.
2019 Higher Education Tax Update
Get up to speed on the many recent higher ed tax changes with the CapinCrouse 2019 Higher Education Tax Update. We provide insight on the key issues.
IRS Provides Clarification on Moving Expense Reporting for the 2018 Form W-2
April 2, 2019 - The IRS has provided guidance for reporting moving expenses incurred in 2017 but paid or reimbursed in 2018 on the 2018 Form W-2.
Dual-Use Property Issues
A look at what dual-use facilities are, and some tax considerations.