Tax

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week.

Notable Events of the Week:

  • “Days before the five-year anniversary of Hurricane Maria killing thousands in Puerto Rico, another storm clobbered the island archipelago this week and set back its halting progress toward modernizing its fragile infrastructure.” Washington Post

This is part three of a three-part list of highlights from the Exempt Organizations Symposium held by the American Bar Association Tax Section’s Exempt Organizations Committee on September 8, 2022. Also see Part 1 (Political and Lobbying Activities, News from IRS/Treasury/Hill) and Part 2 (DAOs, Illegality).

Charities and the First Amendment: Questioning Lobbying Limitations and the Campaign Intervention Prohibition

Business owners may not be sure where to start if IRS audits their company. However, an IRS audit doesn’t have to feel stressful or disorganized. In this article, we’ll discuss a set of steps business owners can take if they find out they are being audited by IRS. 
Familiarize Yourself With Common Audit Triggers
The first question many business owners

The California Employment Development Department (EDD) conducts audits to determine if businesses are:

  • Correctly classifying their contractors and employees, and
  • Paying the full taxes due under California law

It’s important to note that EDD is actively targeting independent contractor misclassification, which could result in a six-figure penalty per employee for business owners.
Let’s discuss independent contractor classification as well as

Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week.

Notable Events of the Week:

  • “A document describing a foreign government’s military defenses, including its nuclear capabilities, was found by FBI agents who searched former president Donald Trump’s Mar-a-Lago residence and private club last month, according to people familiar with