Inside This Issue:
- Upcoming IRS phone forums cover important topics
- Register for EO workshops
- Reminder: Tax credit extension for hiring veterans ends December 31
- Tips for taxpayers who travel for charity work
1. Upcoming IRS phone forums cover important topics
For a list of upcoming phone forums, go to the phone forums section of the Calendar of Events page. http://www.irs.gov/Charities-&-Non-Profits/Phone-Forums-Exempt-Organizations
“Charities and their Volunteers” – July 24
Go to the registration link to sign up for this encore session.
http://ems.intellor.com/index.cgi?p=204749&t=71&do=register&s=&rID=417&edID=305
“Veterans Organizations – Complying with IRS Rules” — July 30
This phone forum provides information to help veterans organizations stay tax exempt.
Topics include:
- Requirements for exemption
- Recordkeeping
- Filing and reporting
- Unrelated business income tax
- Exempt activities
- Bona fide guests
Click here to register for this event.
http://ems.intellor.com/index.cgi?p=204705&t=71&do=register&s=&rID=417&edID=305
“What’s Special about Schedule K (Form 990)?” – July 31
Topics covered include:
Helpful resources for completion of Schedule K
Detailed discussion of Schedule K information requirements
Helpful compliance monitoring procedures
Space is limited so register quickly.
2. Register for EO workshops
Register for upcoming workshops for small and medium-sized 501(c)(3) organizations:
August 13 – Highland Heights, KY
Hosted by University of Kentucky
August 15 – Lexington, KY
Hosted by University of Kentucky
August 20-21 – San Francisco, CA
Hosted by Golden Gate University
August 28-29 – Anaheim, CA
Hosted by Trinity Law School
September 9 – St. Paul, MN
Hosted by Hamline University
September 10 – Minneapolis, MN
Hosted by University of St. Thomas
http://www.irs.gov/Charities-%26-Non-Profits/Upcoming-Workshops-for-Small-and-Medium-Sized-501(c)(3)-Organizations
3. Reminder: Tax credit extension for hiring veterans ends December 31
Review the following links regarding the Work Opportunity Tax Credit and its extension:
Work Opportunity Tax Credit
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Work-Opportunity-Tax-Credit-1
Work Opportunity Tax Credit Extended
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Expanded-Work-Opportunity-Tax-Credit-Available-for-Hiring-Qualified-Veterans
Work Opportunity Tax Credit – frequently asked questions and answers
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Expanded-Work-Opportunity-Tax-Credit-Available-for-Hiring-Qualified-Veterans
4. Tips for taxpayers who travel for charity work
Do you plan to travel while doing charity work this summer? Some travel expenses may help lower your taxes if you itemize deductions when you file next year. Here are five tax tips the IRS wants you to know about travel while serving a charity.
http://www.irs.gov/uac/Newsroom/Tips-for-Taxpayers-Who-Travel-for-Charity-Work