For this episode, I'm delighted to have as my guest Tracy Hom, a certified public accountant with the firm Realize CPA. Tracy will address frequently asked questions from private foundation directors ...

Over the years, we’ve examined thousands of tax returns of private foundations (PFs). We’ve found that many tax practitioners are unfamiliar with the nuances of the Form 990-PF, which is highly ...

(MENAFN- EIN Presswire) EINPresswire/ -- Nonprofit organizations with a fiscal year ending June 30, 2025, or those that filed Form 8868 to obtain an automatic extension, are reminded that the deadline ...

With the extended 990-PF filing deadline approaching for private foundations on a calendar year accounting period, foundation leaders should ensure that they have paid the 1.39% net investment income ...

The Tax & Accounting business of Thomson Reuters has published a new guidebook to help nonprofit organizations meet the IRS s new reporting requirements. The reference guide, PPC's Nonprofit Tax and ...

Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt status. The IRS noted that three consecutive years of missed filings will ...

USA Swimming has released its Form 990 for the fiscal year. The Form 990 is the annual information return filed by nonprofit organizations with the Internal Revenue Service (IRS), and it provides ...