The IRS has announced that starting with tax year 2010, nonprofits with gross receipts of $50,000 or less may choose to use the 990N reporting to the IRS. This is a change from the previous threshhold of $25,000.
Saying again, this affects THIS tax year (2010).
The 990N is the on-line reporting that only requires name, tax [...]
Check out Wordle to make art out of text. It’s an automatic word scrambler that can incorporate some very cool effects. Here’s my homepage intro paragraph, turned into art:
Wordle–Coffee and Law
This is me, not working. I can find all kinds of meaningful things to do while avoiding “real” work (that is, billable projects that are all sad and forlorn on my desk, and should be completed, “any day now.”).
I can pay bills, read and answer email, catch up on on-line law journals, read on-line [...]
One of the more interesting Indiana legal bloggers, Doug Masson, echoes my sentiments about the complete idiocy of the proposed Constitutional Amendment “enshrining” property tax caps. The comments are also generally well thought for this topic. I won’t reproduce them here, but I will provide the link.
I urge you to read up on the issue [...]
Small nonprofits have until Friday, October 15, to submit their online 990N. This end of the six-month extension from the (normal) May 15 deadline.
This same one-time extension is available to 990 EZ nonprofit taxpayers earning more than $25,000, but still qualifying for a “small nonprofit” classification.
Nonprofits who have not kept up with filing requirements [...]
Thanks to Chuck Newton’s Blog for this one:
UK resident Mike Boyle has been living without cash for over a year, and manages by being frugal, dumpster diving, and living off the land. The point is not to run out and adopt his extreme lifestyle;
Point One is that it can be done, and quite a bit [...]
The expiration of the Bush-era estate and gift tax laws presents a sobering picture for farmers. Even moderately-sized farmers may be facing the loss of part of their family farm due to estate taxes starting in 2011 because Congress is ignoring this particular issue. Stay tuned and talk to your Congress representative sooner, rather than [...]
I follow several Ag news sites and blogs. Two of my current favorites:
Humane Watch
Indiana Prairie Farmer
I also have clients, colleagues and friends who keep me well-supplied with links to websites and articles of interest. Frequently, these are hyper-negative reports and rants about livestock farming operations that compel me to walk away from the computer [...]
Law for Change is a new website of legal resources that bills itself as “The Legal Forum for Social Innovation.”
(From the site) “This site combines in one place a broad menu of legal information prepared by leading law firms and lawyers specifically tailored to the needs of social entrepreneurs and innovators, social enterprises, [...]
RSA (Royal Society for the Arts) has a series of animated short lectures which discuss some pretty interesting stuff — the one posted below is “The Secret Powers of Time.” Once you finish this, you’ll find yourself watching more. Fascinating.
The Secret Powers of Time
Follow up to an earlier post — One of my clients just received one of the first “File or be Revoked” letters from the IRS. I’ve attached a copy, you can see what it looks like.
05-24-10 IRS 990 Notice
Note that for this particular nonprofit, the year end in question was September, 2008, so they are [...]
The IRS blitzed the media in the past week about getting the 990 (particularly the on-line 990N) filed by the May 17 deadline. Dire consequences of losing your §501(c)(3) status have been promised.
The IRS 990N website was clogged for the few days before, and the day of, the deadline. If you couldn’t get online during [...]
I’m a big fan of the Discovery Channel show, “Dirty Jobs.” Mike Rowe is a sensible “everyman” who not only tells it like it is, but shows it like it is. Last fall, he was the keynote speaker at the National FFA Convention in Indianapolis (my FFA-member daughter was delighted at the chance to see [...]
Come dressed appropriately for a business meeting (cover as many
tattoos as possible)
Turn your cell phone off (unless you are in the life saving business)
Show up on time
There is a difference between an excuse and a reason (call me for
clarification)
Everyone makes a mistake (even you) so develop a forgiving spirit
The opinions of others can be respected [...]
This is the 21st Century, folks, and we are smarter, more technologically savvy, and have the lessons of the past century to guide us. So, what are we doing for the environment in the 21st Century?
Take a look at the NYT article published on Earth Day, 2010:
For Earth Day – 7 New Rules to [...]
