Tax, Legal & Compliance

ASAE Launches Community Impact Coalition
January 21, 2025 at 9:15 am

ASAE launched the Community Impact Coalition to educate Congress about the social and economic benefits of tax-exempt organizations.

Senators Push to Restore the Universal Charitable Deduction: 3 Things You Need to Know
March 8, 2023 at 12:23 pm

Last week, senators introduced legislation to make the universal charitable deduction effective for tax years 2023 and 2024. Now dubbed “Charitable Act,” the legislation, if passed, would give more Americans the ability to claim tax deductions for charitable contributions. Here are three things you should know about it.

How Florida’s Stop WOKE Act Impacts Nonprofits, Part 1
February 3, 2023 at 10:59 am

Recently, companies, nonprofits, schools, schools that are also nonprofits, consultants and educators have been caught in a windstorm of confusion over the implementation of Florida's Individual Freedom Act, aka Stop the Wrongs to Our Kids and Employees (WOKE) Act.

Minnesota Attorney General Sues Nonprofit for Misusing Funds
January 12, 2023 at 11:34 am

Minnesota Attorney General Keith Ellison has filed a lawsuit against Minnesota nonprofit ThinkTechAct Foundation, as well as its founder/president, a board member and executive director, alleging they ran a sham nonprofit and misused nonprofit funds.

2023: The Year of Your Board
December 6, 2022 at 11:18 am

Is your board just not getting it? If we need our board members to be more engaged, we need to engage them. Here’s a plan to do so.