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Archive for June, 2015

The IRS, Politics and the Local Church

Internal Revenue Service rules about churches and politics are short, sweet and controversial. Churches and their pastors can talk about political issues all they want. But they can’t side with or help a specific candidate for office. That same ban is in place for all nonprofits, according to the IRS. All are banned from “directly […]

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Affordable Care Act’s (ACA) Cadillac Tax Looms for Some Nonprofits

Some nonprofits will face administrative challenges when the ACA’s 40 percent excise tax on high-cost health plans goes into effect in 2018. The tax, also known as the Cadillac tax, is a looming concern for employer-provided group health plans. Under the ACA both fully insured and self-funded employer health plans will be assessed a nonrefundable […]

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Posted in: Healthcare Reform, News

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Applying for a Federal Exemption from Income Tax

If you, or someone you know, is planning to file an exemption application with the IRS anytime soon you’ll find this information helpful. The IRS Exempt Organizations (EO) Division recently reiterated that they are following a new, larger strategy in an effort to become more effective and efficient in the handling of their duties. EO […]

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