Archive - June 2012

Vehicle Donation Reporting Form Released Notice 2006-1 provides guidance on reporting obligations to donee organizations that receive contributions of qualified vehicles. It instructs the donee on how, where, and when to report to the IRS the...

Unrelated Business Income Tax – General Rules Even though an organization is tax exempt, it still may be liable for tax on its unrelated business income. Unrelated business income is income from a trade or business, regularly carried on, that...

In every state 501(c)(3) organizations are required to pay for unemployment claims. These claims are payable either through the state unemployment insurance tax (SUI) or by reimbursing the state for claims only paid out to former employees. The...

“If you don’t know where you are going, any road will lead you there!” Do you know where your organization is going? Do you know the road you are headed down? Are you on the right road? If in fact, you are not sure where you are going, you need to...

It is safe to say that people who work in the nonprofit arena do not do so for the money! Below are lots of great resources to find the information you need. If you need more local information we suggest you contact your state nonprofit association...

Sponsorship Network has been providing clients across the country with sponsorship solutions for over 15 years. From single event tie-ins to cause marketing campaigns to venue naming rights, we’re passionate about creating profitable sponsorships...

Everyday we take risks! There is no need to run around scared all our lives but there is a need for being and acting smart to try to reduce your chances of being caught in an unpleasant situation. We all need to understand that in running any...