Topic: Nonprofit

Tax News: Want to Help Sandy Relief Efforts? Here Are 3 Tax-Exempt Ways

“Because Hurricane Sandy has been designated a qualified disaster for U.S. federal tax purposes, certain payments made by employers and others to assist disaster victims will be considered qualified disaster relief payments and thus can be excluded from taxable income.” (Proskauer) Employers and small business owners who help victims of Hurricane Sandy deserve a break,… Read more »

Non-Profit Law Updates: Tax, Employment, Privacy, Technology, and Other Key Issues

For your reference, here’s a roundup of what you need to know about recent legal developments affecting non-profits, courtesy of lawyers and law firms publishing their work on JD Supra: The Top 10 Legal Risks Facing Nonprofit Boards (Venable LLP): “With ultimate authority for guiding and advancing the mission of the organizations they serve, effective boards… Read more »