Category: Tax Compliance

CA Law Doubles Down on Noncompliance with Attorney General’s Registry of Charities and Fundraisers

California Assembly Bill 488 (AB 488), which was signed into law in 2021 and took effect on January 1, 2023, had a significant impact on nonprofits. The law introduced new regulations for charitable fundraising on internet platforms, aiming to increase transparency and protect donors. While the main purpose of the bill was to expand regulation […]

CONTINUE READING CA Law Doubles Down on Noncompliance with Attorney General’s Registry of Charities and Fundraisers 3 min read

What to Expect for Nonprofit Compliance in 2022

No More Paper As we enter the primary tax return filing season (or as we CPAs call it, “busy season”), the COVID-19 pandemic continues to have a lasting impact on nonprofit operations, including annual 990 information returns. For several years, the IRS has been gradually “getting with the times” by progressively adding to the list […]

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