Industry News
November 15 Filing Deadline for Charities
November 15 is an important date for renewing charitable solicitation registrations. Many states base their charitable solicitation renewal and annual financial reporting due dates on the charity’s fiscal year. Upon filing with the state charitable solicitation authorities, charities must usually … Read more >>
Client Spotlight: No-Shave November
No-Shave November was started in 2009 in memory of the Hill family’s father, Matthew Hill, who passed away from colon cancer in 2007. The concept is simple, put down your razor for the month of November and donate the money … Read more >>
Iowa Registered Agent Required for Limited Partnerships
Effective July 1, 2016, Iowa requires a limited partnership to have a registered agent for service of process. Iowa House Bill 2373 was signed into law by Iowa Governor Terry Branstad on April 21, 2016. The bill became effective July … Read more >>
Mississippi Charitable Organization Renewal Registration Update- Effective July 1, 2016
Effective July 1, 2016, charitable organizations in Mississippi must file to renew their charitable registration on or before the fifteenth day of the fifth month following the close of the charity’s fiscal year end. This coincides with the due … Read more >>
Lower Application Fee for Form 1023-EZ
The IRS released a Revenue Procedure today to change the application fee for Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. The application fee will be lowered from $400 to $275, effective … Read more >>
IRS Study Reveals that 37% of Form 1023-EZ Applicants Improperly Received 501(c)(3) Tax Exemptions
The IRS Taxpayer Advocate Service (TAS) recently submitted its 2015 Annual Report to the United States Congress. That report contained an analysis of Form 1023-EZ that the IRS released in July 2014 as a streamlined 501(c)(3) application. The findings in … Read more >>
Ohio Lowers Business Registration Fees
Effective September 24, 2015, the Ohio Secretary of State has lowered business registration fees across the board. This includes incorporation and qualification fees for both business and nonprofit entities.
The current registration fee to incorporate, form an LLC, or qualify … Read more >>
Pennsylvania Releases New Foreign Registration Statement
As of July 1, 2015, Pennsylvania released a new “Foreign Registration Statement,” for immediate use with all entities, and it simplifies choosing the right state form.
The Foreign Registration Statement, Form DSCB:15-412, which we have linked to here, will … Read more >>
Nevada Business License Fee Increase Effective July 1, 2015
Effective July 1, 2015, the Nevada Secretary of State is raising its fees for initial and annual lists, and business licenses for corporations, per NV Senate Bill 483.
The fee for initial and annual lists is increasing by $25 … Read more >>
Indiana Nonprofit Annual Report
Effective July 1, 2015, Indiana nonprofit annual reports will now be due on a biennial basis, instead of annually (Source).
Currently, nonprofit entities file an Indiana annual report every year, while for-profit entities, such as LLCs and corporations, … Read more >>
