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Tax Planning: U.S.

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2014-08-29 Nonprofit Law - re: Non-profit org. to receive donation from another non-profit org.:

You are welcome.    You wrote " 503(c)(3)" but I am assuming you are referring to 501(c)(3) organizations. I do not see any legal concerns for your organization accepting a grant of the funds from the

2014-08-29 Nonprofit Law - re: Non-profit org. to receive donation from another non-profit org.:

Are both organizations recognized by the IRS as 501(c)(3) organizations?  Is the other organization proposing to give your organization the exact amount of funds that they received from the big corporation?

2014-08-28 Nonprofit Law - Gymnastics Booster Club questions:

You are welcome.    1.  "the funds are in the general fund and are to be used as the Booster club decides" is a correct statement, but, of course the use must be in accordance with the charitable purposes

2014-08-28 Tax Law (Questions About Taxes) - Health Ins for Partners:

Dear Kelly,    Payment for health insurance premium is not considered guaranteed payment.  It is reported as other deductions on Sch K-1 under code M.    These amounts can be deducted on line 29 of form

2014-08-28 Nonprofit Law - Church gifts:

I have in my profile that this free forum is only for general questions about IRS federal exemption issues of 501(c)(3) organizations. Your question is about state law of Oregon.     Even though this forum

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