| Subject | Date Asked | Expert |
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| Tax ramifications for formation of non-profit as corporation or unincorporated associations | 10/12/2008 | Harvey Mechanic |
Q: Harvey: I would like to start a non-profit and am trying to decide whether to form a non-profit ...
A: The IRS grants exemption to LLCs that are properly organized and operated. However, it only would ...
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| Fundraising Events | 10/11/2008 | Harvey Mechanic |
Q: I am an independent sales contractor for our local newspaper. Currently, I am developing a project ...
A: Not if they are a corporation. See www.irs.gov/pub/irs-pdf/i1099msc.pdf which is the IRS ...
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| Tax Exemption Privilege Not Right | 10/11/2008 | Harvey Mechanic |
Q: I want to start a Christian charity for disabled adults in the state of Georgia U.S. I don't want to ...
A: You certainly do not need to file but then you organization will be treated just like a normal ...
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| Fundraising Events | 10/11/2008 | Harvey Mechanic |
Q: I am an independent sales contractor for our local newspaper. Currently, I am developing a project ...
A: You are asking about a business expense and it appears that you are going to be paying the nonprofit ...
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| soliciting funds | 10/10/2008 | Harvey Mechanic |
Q: I am building a youth camp in Florida that is registered as a non profit inc. We have never ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
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| seperation of nonprofit & for profit sudsidiary | 10/10/2008 | Harvey Mechanic |
Q: Harvery: The current 501c3 owns a for profit subsidiary we have up until now had everything ...
A: The 501(c)(3) organization should not use much of its own time and no assets in administering a ...
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| 501(c) | 10/10/2008 | Harvey Mechanic |
Q: I have a small non profit that I started last year in December. I do not have any money to file a ...
A: If you were formed correctly and operate correctly you would not need to file if you are so small. ...
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| how to locate an org's status | 10/10/2008 | Harvey Mechanic |
Q: Harvey, where would one go to view papers filed and IRS or state approved for a 501C3 status? In ...
A: There is no web access for the public to view 1023s. You can request directly from the IRS. Anyone ...
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| gymnastics booster club and fundraising | 10/10/2008 | Harvey Mechanic |
Q: This is a follow-on question from 7/5/07 from a gymnastics booster club. My question is: Can ...
A: The question from 7/5/07 appears to have been about a booster organization. Are you asking now also ...
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| how to locate an org's status | 10/10/2008 | Harvey Mechanic |
Q: Harvey, where would one go to view papers filed and IRS or state approved for a 501C3 status? In ...
A: I suggest ignoring the State filings and just look at the federal (IRS) filings. To look for ...
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| Corporation vs Organization | 10/10/2008 | Harvey Mechanic |
Q: I am confused as to the difference between a corporation and organization. We filed Articles of ...
A: A Corporation is only one type of nonprofit organization. Other types are unincorporated ...
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| Under a Nonprofit Umbrella | 10/9/2008 | Harvey Mechanic |
Q: We are a small regional publication, an LLC, supported by some contributions and some advertising. ...
A: The IRS grants exemption to LLCs that are properly organized and operated. However, it only would ...
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| Transfer of Booster Club Funds | 10/9/2008 | Harvey Mechanic |
Q: Our Booster Club, a 501(c)3 is having leadership issues and the Coach wants to have the Booster Club ...
A: A 501(c)(3) booster organization's Board may decide to fund youth programs of another 501(c)(3) ...
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| Tax deductibility of Preferred Seating payments | 10/9/2008 | Harvey Mechanic |
Q: In 2009, the University of Minnesota will open an open-air new stadium. 48% of the building cost is ...
A: See See IRS Publication 526 "Charitable Donations" www.irs.gov/pub/irs-pdf/p526.pdf starting on the ...
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| employee compensation | 10/9/2008 | Harvey Mechanic |
Q: I teach at a college where I helped students set up a small business to serve as a "education ...
A: The IRS does not allow 501(c)(3) organizations to give someone more compensation than is reasonable. ...
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| Can a church borrowing money from Earmarked Funds | 10/9/2008 | Harvey Mechanic |
Q: My church is struggling with paying rent. For the last few months there has been more month than ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
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| Remuneration for member of board of directors | 10/9/2008 | Harvey Mechanic |
Q: Our church is small and we have no paid staff. We are considering establishing a paid position for ...
A: Yes. Form 1099-misc for Board members --start of excerpt --- Directors of a corporation - members ...
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| Attributing donations | 10/8/2008 | Harvey Mechanic |
Q: One of our supporters owns a small service-oriented business. Recently he began a program of not ...
A: I don't see any problem doing what many public charities do, in other words, sending a note to the ...
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| Attributing donations | 10/8/2008 | Harvey Mechanic |
Q: One of our supporters owns a small service-oriented business. Recently he began a program of not ...
A: You would treat that as a donation without anything received. See the IRS Publication "Charitable ...
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| University Chaplain | 10/8/2008 | Harvey Mechanic |
Q: I was wondering if a university chaplain would be eligible for the same IRS treatment as if he were ...
A: See IRS Publication 517 Social Security and Other Information for the Members of the Clergy and ...
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| membership fee tax exempt? | 10/8/2008 | Harvey Mechanic |
Q: my Boss has had a 501(c)(3) from Breckenridge, CO. She is now moving it to Nashville, TN. How would ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
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| 501c3 | 10/8/2008 | Harvey Mechanic |
Q: I am confused about the legal difference between a 501c3 public charity or public foundation. If ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
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| Non-Profit VS Sole Proprietorship | 10/8/2008 | Harvey Mechanic |
Q: I am a Christian rap artist/performer/preacher. I actively tour, provide sound and lighting, ...
A: The main reason, in your case, that someone would want to have 501(c)(3) organization recognition ...
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| limit to number of family members on board | 10/7/2008 | Harvey Mechanic |
Q: Is there a limit to the number of family members who can serve as officers/serve on the board of a ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
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| Class fundraiser | 10/7/2008 | Harvey Mechanic |
Q: I am a student at Chiropractic college that is a non-profit. My class is working to raise money for ...
A: I am assuming that the Chiropractic college is a 501(c)(3) organization and that the IRS would ...
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| 501c3 question | 10/7/2008 | Harvey Mechanic |
Q: Hey Harvey, I have read and already researched a great deal on non profits but I can't seem to get ...
A: Hey Carolyn, The assets of a 501(c)(3) organization are not yours, even if you donated the assets ...
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| Gymnastics Booster Club | 10/7/2008 | Harvey Mechanic |
Q: I almost feel bad asking these questions becasue I feel like you have hit on most of the ideas ...
A: Actually what you wrote earlier was "The for profit gym requires the parents of their team members ...
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| Gymnastics Booster Club | 10/7/2008 | Harvey Mechanic |
Q: I almost feel bad asking these questions becasue I feel like you have hit on most of the ideas ...
A: You are correct in your conclusion that all of the practices violate the charitable manner of the ...
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| Board Members | 10/6/2008 | Harvey Mechanic |
Q: I am going to start a non profit in Texas. I would like to have a 3 member board and myself a the ...
A: The State of Texas might not mind but the IRS wants to have unrelated majority of directors if your ...
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| Dissolution of Not for Profit Organization | 10/6/2008 | Harvey Mechanic |
Q: If a not for profit activities club in florida has been administratively dissolved because it didn't ...
A: No. Once it is dissolved it may not engage in any business (there are exceptions). Your question is ...
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| 501(c)3 for religious organization | 10/6/2008 | Harvey Mechanic |
Q: can a subgroup in a federally recognized 501(c)3 religious organization by extension use the main ...
A: What you are referring to, I believe, is what the IRS calls an "group exemption". Group Exemption is ...
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| Does any 501(c) option make sense for a roller derby team? | 10/5/2008 | Harvey Mechanic |
Q: I am a player on an increasingly successful amateur roller derby team that is looking to ...
A: Yes, generally. http://www.npccny.org/info/gti2.htm reviews the Federal Volunteer Protection Act ...
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| Does any 501(c) option make sense for a roller derby team? | 10/5/2008 | Harvey Mechanic |
Q: I am a player on an increasingly successful amateur roller derby team that is looking to ...
A: As the organization is not for youth aged 18 or under and is not on the level of national ...
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| Sponsorship of Univ. Radio Station | 10/5/2008 | Harvey Mechanic |
Q: I'm with a private university radio station in Arizona and we are beginning to work on finding ...
A: Some acknowledgment of about 10 seconds is accepted for every half hour. More than that may be ...
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| Sponsorship of Univ. Radio Station | 10/4/2008 | Harvey Mechanic |
Q: I'm with a private university radio station in Arizona and we are beginning to work on finding ...
A: If the sponsors and the university sign an agreement that the funds would be going to the Radio ...
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| Can a 501c3 Own a Majority Interest in a for-profit corporation | 10/4/2008 | Harvey Mechanic |
Q: Can a 501c3 own a majority interest in a for-profit corporation and then receive divident/profit ...
A: A 501(c)(3) organization may invest in for-profit corporations in a passive way and the dividends to ...
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| 501c3 Owning Income-Producing Real Estate | 10/4/2008 | Harvey Mechanic |
Q: We would like to hold commercial real estate investments that produce income inside of the ...
A: Generally it is taxable as their is debt-financing. Please read pages 14-19 on Unrelated ...
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| nonprofit board meetings | 10/3/2008 | Harvey Mechanic |
Q: do the employees of a nonprofit museum have a right to go to board meetings or to see the minutes of ...
A: Unless specified in the Articles of Incorporation or bylaws they would not have such rights unless ...
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| Religious Org vs. Church | 10/3/2008 | Harvey Mechanic |
Q: I am starting a 501c3, however, I would like to know if there are any tax advantages to registering ...
A: It would already need to have a congregation but the period of time is not clear. I have not seen ...
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| Religious Org vs. Church | 10/3/2008 | Harvey Mechanic |
Q: I am starting a 501c3, however, I would like to know if there are any tax advantages to registering ...
A: The fact that your organization is "interfaith" does not, in itself, preclude church designation. ...
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