| Subject | Date Asked | Expert |
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| gift of services | 2/10/2010 | Harvey Mechanic |
Q: Our school has a board member who decided to pay a friend to write some material for our fundraising ...
A: If the school is not going to reimburse the board member who paid the $500, then it is possible ...
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| Non Profit, W-9 form | 2/9/2010 | Harvey Mechanic |
Q: I am part of a Youth Football organization. This is a non profit organization and we are doing a ...
A: The W-9 form with instructions is at: www.irs.gov/pub/irs-pdf/fw9.pdf and, on the right column of ...
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| 501(c)3 borrowing money from an individual | 2/8/2010 | Harvey Mechanic |
Q: Are there restrictions regarding a 501(c)3 from taking a loan from an individual in the community as ...
A: There is no inurement issue as long as the interest is not higher than could be obtained from ...
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| High School Reunion - Tax ID Non Profit | 2/8/2010 | Harvey Mechanic |
Q: If there is some interest earned on a class reunion checking account (credit union), do I have to ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| Re High Reunion/Tax ID Non Profit | 2/8/2010 | Harvey Mechanic |
Q: I am treasurer of my high school reunion. We obtained a tax id number. We had our reunion in Aug. ...
A: It appears that you have no IRS reporting requirements unless you make interest income. or had paid ...
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| 501c3 donation to non-profit corporation | 2/7/2010 | Harvey Mechanic |
Q: We are hoping to do a fundraising campaign for our non-profit corporation in Ohio(we are not a ...
A: No, that particular arrangement (pass-through or conduit) donations is not allowed for either the ...
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| Re High Reunion/Tax ID Non Profit | 2/7/2010 | Harvey Mechanic |
Q: I am treasurer of my high school reunion. We obtained a tax id number. We had our reunion in Aug. ...
A: It appears that you are referring to a social event sponsored by an unincorporated association. ...
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| Donation to Non-profit | 2/7/2010 | Harvey Mechanic |
Q: I recently attended a musical theatre performance for a 501 (c) (3) non profit group and want to ...
A: They may not be publishing on their web site their name as in their articles of incorporation and, ...
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| minister's job being eliminated | 2/6/2010 | Harvey Mechanic |
Q: a minister who has been at a church 4 years. This church has a bad history of running off many ...
A: I know of no laws and there would not be any laws as to the amount of severance that is given. The ...
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| Small Business Donations | 2/5/2010 | Harvey Mechanic |
Q: If we donate a gift certificate to a Non-Profit Organization for what is technically a "service," ...
A: Are you referring to a business that is donating to a 501(c)(3) organization a gift certificate for ...
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| Booster clubs | 2/5/2010 | Harvey Mechanic |
Q: I am a parent of a child on a All Star Cheer Team, which already has a established nonprofit Booster ...
A: Yes, there may be one 501(c)(3) organization and another that is not approved by the IRS as a ...
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| using house for ministry purposes | 2/5/2010 | Harvey Mechanic |
Q: We have a house that we don't live in we live in another state. We have used it several times for ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| operating in the philippines | 2/5/2010 | Harvey Mechanic |
Q: what are the ways, methods,terms of engagement, agreements in operating a charity in the ...
A: You have a choice, as to U.S. laws, whether to operate yourself or give grants to entities or ...
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| using house for ministry purposes | 2/5/2010 | Harvey Mechanic |
Q: We have a house that we don't live in we live in another state. We have used it several times for ...
A: Is the owner of the house a 501(c)(3) organization, like a church? If not, who is the owner? Are you ...
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| For Profit Private School Establishing a Non Profit | 2/5/2010 | Harvey Mechanic |
Q: In the state of GA, can a for profit elementary school set up a non profit "foundation" to apply for ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| can our church-housed children's program pay stipends rather than wages to volunteers and must we pay benefits | 2/5/2010 | Harvey Mechanic |
Q: We are planning to hire a director, having had all volunteer staffing for 2 years. Can we pay the ...
A: As the IRS writes at: www.irs.gov/pub/irs-tege/fringe_benefit_fslg.pdf on page 72-73 (takes a while ...
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| NFP boards | 2/5/2010 | Harvey Mechanic |
Q: I heard an organization has to have at least three board members. Among three how many should have a ...
A: Good evening, Phil. I am assuming that you are referring to an organization that wants to be exempt ...
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| Spending 501c3 Donor Designated Funds | 2/5/2010 | Harvey Mechanic |
Q: Background: I am on the board of directors for a nonprofit Preschool in Missouri. Currently, we ...
A: Generally, donors give up any authority over donated items and funds, unless they had a specific ...
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| dissolution of non profit orv that has no 501(c)3 | 2/4/2010 | Harvey Mechanic |
Q: I was wondering how to properly dissolve a non profit orginization; not corp. that has yet to apply ...
A: It appears from what you have written that the organization has not been incorporated. Does the ...
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| Sports Club travel costs | 2/4/2010 | Harvey Mechanic |
Q: Our sports club has achieved 501(c)3 status and is planning a trip for qualifying members to an ...
A: You wrote, as to the people going on the trip "And it isn't youth in this example". Therefore, I ...
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| 501(c)(3) organization Work or Pay Fees | 2/4/2010 | Harvey Mechanic |
Q: Can a non-profit Soccer orgainzation charge a parent of player $50.00 if that parent does not ...
A: First the word "volunteer" is not applicable in this situation. "[T]here is no expectation of ...
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| Sports Club travel costs | 2/4/2010 | Harvey Mechanic |
Q: Our sports club has achieved 501(c)3 status and is planning a trip for qualifying members to an ...
A: It appears that your organization gained exemption from the IRS with a presentation in your 1023 ...
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| Non Profit and the W-9 form | 2/4/2010 | Harvey Mechanic |
Q: I am trying to submit for grant money to a corporate business. They have online forms that refer to ...
A: First you need to have the Library let you use their EIN (Employer Identification Number, also known ...
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| 501c3 tax question | 2/4/2010 | Harvey Mechanic |
Q: We filled for a sports booster 501c3 in November 2009 and it came back asking for some follow up ...
A: If you are denied exemption you would need to file regular corporate tax returns from the period of ...
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| cap gains for non-profit assns on stocks and bonds they buy then sell? | 2/3/2010 | Harvey Mechanic |
Q: Do they owe cap gains and @ what rate if they are a non-profit assn of retired teachers who's board ...
A: I am assuming that the association has received a determination letter from the IRS that the ...
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| receipt of warrants for services | 2/3/2010 | Harvey Mechanic |
Q: Can a 501(c)3 receive warrants for services rendered without risk to the tax exempt status. I don't ...
A: Dan, As a I understand it, the warrant may not evidence any ownership rights and would not until ...
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| 501c3 | 2/3/2010 | Harvey Mechanic |
Q: We are a gymnastics 501c3. Can you please explain how we can set our 501c3 up to individual accounts ...
A: My summary of IRS regulations relating to 501(c)(3) booster organizations is at: ...
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| Dissolving a Non-Profit | 2/3/2010 | Harvey Mechanic |
Q: We are planning to dissolve a non-profit group (originally established to support professional ...
A: I would need to know the subsection of IRC 501(c) under which the organization was incorporated and ...
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| Exempt status - cub scout pack | 2/3/2010 | Harvey Mechanic |
Q: A cub scout pack is chartered (sponsored) by a local church. Does the pack enjoy 510(c)(3) status ...
A: If all of the funds go through a church bank account, with the church EIN (taxpayer identification ...
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| Contracting with individuals | 2/3/2010 | Harvey Mechanic |
Q: Can a 501(c)3 pay an individual to provide website support for a homeschool group without risk to ...
A: Yes, as long as the 501(c)(3) organization is not paying more than a reasonable amount. The IRS does ...
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| Social Club and Timber Sales | 2/3/2010 | Harvey Mechanic |
Q: I belong to a 501 non-profit MC club in Pa.,we recently sold lumber from the clubs property. We plan ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| 501 c 3 revoked? | 2/3/2010 | Harvey Mechanic |
Q: Our organization missed the deadline to keep our non profit status at the end of the year and are ...
A: It appears that you are referring to your state status. Your federal status is not effected unless ...
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| Donations from a 501c3 to a non 501c3 club | 2/2/2010 | Harvey Mechanic |
Q: I'm the President of a small hockey booster's association that has a 501c3 status. A local figure ...
A: What you are referring to is what the IRS calls donor control and, as you explained it, you may lose ...
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| Unincorporated Nonprofit Association & 501(c)(7) | 2/2/2010 | Harvey Mechanic |
Q: and thank you for hosting this forum and our questions! My question is about 501(c)(7) status for ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| Individual Scout Accounts | 2/2/2010 | Harvey Mechanic |
Q: I am involved with a Boy Scout Troop that is chartered by a Church that is a 501(c)(3, making use ...
A: The IRS may have a problem with a 501(c)(3) organization allowing individuals to collect funds to go ...
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| Volunteer Fire Dept Inc. | 2/2/2010 | Harvey Mechanic |
Q: What benefit would a volunteer fire dept have by becoming incorporated. Would anybody have anything ...
A: I have in my profile that this free forum is only for general questions relating to IRS federal ...
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| 501c3 fundraising | 2/2/2010 | Harvey Mechanic |
Q: First thanks for answering my original question. You asked for more information. Here is a copy of ...
A: Then the funds need to go into the general account. As to charitable deductions: See IRS Publication ...
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| receipt of warrants for services | 2/2/2010 | Harvey Mechanic |
Q: Can a 501(c)3 receive warrants for services rendered without risk to the tax exempt status. I don't ...
A: It appears that you are asking about what the IRS calls unrelated business. IRS Publication 598 "Tax ...
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| taxes non-profit | 2/2/2010 | Harvey Mechanic |
Q: I belong to a 501 non-profit MC club in Pa.,we recently sold lumber from the clubs property. We plan ...
A: IRS Publication 598 "Tax on Unrelated Business Income of Exempt Organizations" at ...
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| Church Mission Trip Fundraising | 2/1/2010 | Harvey Mechanic |
Q: This summer a group of youth in our church are going on a mission trip to Peru. The cost is about ...
A: If the money goes to benefit individuals then it is taxable income just like any other work for ...
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