Harbor Compliance

Posted on October 17, 2014, by Harbor Compliance in Nonprofit Compliance.

After months of preparation and waiting, you finally receive your IRS Determination Letter! That means the startup process is over, right?

Sadly, no.

A “determination letter” is official confirmation from the IRS that your 501(c)(3) application has been approved.

With … Read more

Posted on October 7, 2014, by Harbor Compliance in Fundraising and Grants, Nonprofit Compliance.

Online fundraising is a tremendous opportunity for nonprofits of all sizes. These days, any organization with a website can woo donors and compete for scarce funding, wherever it may be hiding.

However, some organizations are just plain better at it. … Read more

Posted on September 9, 2014, by Harbor Compliance in Nonprofit Compliance.

Perhaps the most exciting thing the IRS has ever done, the release of Form 1023-EZ has made applying for, and obtaining, 501c3 tax exempt status a relative breeze.

In our blog coverage, and if you speak with us, we’ll … Read more

Posted on August 20, 2014, by Harbor Compliance in Industry News, Nonprofit Compliance.

News of the recent release of IRS Form 1023-EZ has spread like wildfire. Introduced in July, the form, designed to streamline the application and approval process for federal tax exemption, has triggered a number of questions throughout the nonprofit world.… Read more

Posted on August 13, 2014, by Harbor Compliance in Nonprofit Compliance.

You’ve applied for 501(c)(3) tax exemption, and are waiting for your IRS determination letter. What can you do while you wait for it?

Obtaining your IRS determination letter is a crucial step to starting your nonprofit. Unfortunately, this magical document, … Read more

Posted on July 21, 2014, by Harbor Compliance in Nonprofit Compliance.

As you plan your organization, you need to know when to incorporate the nonprofit. The decision has two factors: whether you should register as a nonprofit corporation in your state, and when, between concept and execution, to start with government paperwork. … Read more

Posted on July 17, 2014, by Harbor Compliance in Industry News, Nonprofit Compliance.

On July 1, 2014, IRS Form 1023-EZ was released, give nonprofits a new way of applying for federal tax exemption under 501(c)(3).

At the time of the announcement, there was much uncertainty about the effectiveness and desired outcomes of this … Read more

Posted on July 2, 2014, by Harbor Compliance in Industry News, Nonprofit Compliance.

If you are or will be filing for 501(c)(3) tax exemption, heads up!

On July 1, the IRS released the much anticipated and hotly debated Form 1023-EZ, which simplifies the process of obtaining 501(c)(3) tax exemption.

The form is three … Read more

Posted on July 1, 2014, by Harbor Compliance in Industry News, Nonprofit Compliance.

On July 1, 2014, the New York Nonprofit Revitalization Act took effect, and there is a new series of NY nonprofit forms to be filed.

If you try to file using the old forms, your filing will be rejected, causing … Read more

Posted on June 26, 2014, by Harbor Compliance in Industry News, Nonprofit Compliance.

At the end of 2013, New York signed into law the Nonprofit Revitalization Act (NPRA), which is designed to reform the statutory governance requirements for nonprofit organizations. This is one of the most sweeping pieces of nonprofit legislation in recent … Read more