If asked, your tax-exempt organizations must provide same-day access to your application for tax exempt status as well as tax returns for the previous three fiscal years. This is a requirement under Internal Revenue code section 6104. All tax-exempt organizations under section 501(c) or 501(d) are … [Read more...] about Illinois nonprofits must provide applications and returns if asked!
The IRS has issued a number of recent announcements about its activities. Here are the important items you need to know: Form 1024-A. The IRS has announced that form 1024-A, application for section 501(c)(4) tax exempt status can now be filed online only. Form 4720. The IRS is working on a … [Read more...] about Recent IRS Announcements of Interest to Illinois Nonprofits
It’s important for a nonprofit to instill confidence in the people who donate as well as the people they serve. Allowing attendance at board and other meetings is a good way to accomplish this goal. Illinois, like every US state, has “open meeting” laws that apply to governmental bodies. Nonprofits … [Read more...] about Do “Open Meeting” Laws Apply To Illinois Nonprofit Organizations?
As the production and distribution of the recently developed COVID-19 vaccine increases, many people may wonder whether their employer can require them to get the vaccine. The general rule is yes – with some exceptions. GENERAL RULE Under employment law, employers have the right and ability … [Read more...] about CAN AN ILLINOIS EMPLOYER REQUIRE YOU TO GET THE COVID-19 VACCINE?
A little over a year has passed since an amendment to the Illinois Human Rights Act was signed into law. It is important for any nonprofit or business to make sure they comply with the new training requirements which provides that employers must now provide sexual harassment prevention training. … [Read more...] about URGENT: YEAR END DEADLINE FOR SEXUAL HARRASSMENT PREVENTION TRAINING