Nonprofit Resources
IRS Releases FAQs About Tax Filing and Payment Extensions
March 26, 2020 - The IRS has released answers to frequently asked questions about the July 15 extension of filing and payment deadlines due to the COVID-19 pandemic. Here are a few things to note.
Families First Coronavirus Response Act; Tax Filing Date Moved to July 15
March 20, 2020 - This Email Alert covers key provisions of the Families First Coronavirus Response Act and the new tax filing date.
IRS Answers Questions about Virtual Currency Donations
January 23, 2020 - The IRS has added two answers about virtual currency donations to its existing FAQs. The new information addresses donor acknowledgment and IRS reporting requirements.
IRS Releases New Tax Withholding Estimator
January 16, 2020 - The IRS has released an enhanced Tax Withholding Estimator that incorporates changes from the redesigned Form W-4, Employee’s Withholding Certificate.
Repeal of the Parking Tax Is Now Law
December 23, 2019 - It's official: President Trump has signed the legislation repealing the parking tax. Organizations that paid tax on disallowed fringe benefits may file an amended return seeking a refund.
Early Christmas Gift? Repeal of the Parking Lot Tax Pending
December 18, 2019 - The long-awaited repeal of Internal Revenue Code section 512(a)(7) appears all but assured. The repeal would be retroactive to the date of enactment.
IRS to Allow Schools to Publicize Nondiscrimination Policies Online
May 15, 2019 - Tax-exempt schools will now have three options for publicizing nondiscrimination policies. Here's what you need to know.
Racial Nondiscrimination Certification for Tax-Exempt Schools
Every tax-exempt school must annually certify to the IRS that it does not discriminate on the basis of race. Here’s what you need to know.
2019 Higher Education Tax Update
Get up to speed on the many recent higher ed tax changes with the CapinCrouse 2019 Higher Education Tax Update. We provide insight on the key issues.
IRS Provides Clarification on Moving Expense Reporting for the 2018 Form W-2
April 2, 2019 - The IRS has provided guidance for reporting moving expenses incurred in 2017 but paid or reimbursed in 2018 on the 2018 Form W-2.