A recent Wall Street Journal article on “How to Start Your Own College Scholarship” highlights the increasing interest in scholarship…
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Nonprofit Law Blog
Taxability of Scholarship Can Hinge on Service Requirements
For many students, scholarships can be make-or-break items in terms of being able to pay for college. And, in many…
READ MORE Effects of Scholarship Award Displacement are Broader Than You Might Think
The National Scholarship Providers Association recently released its highly anticipated white paper on award displacement—a complex issue for students seeking…
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Exempt Organizations Project List Reflects Political Scandal
The IRS recently released its 2013-2014 Priority Guidance Plan, which contains 324 projects the IRS intends to work on during…
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Providing a Lifeline to Colorado’s Flood-Ravaged Businesses: Saving Communities
Portions of our state have been devastated by flooding this fall, and for many the cleanup and recovery will take…
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On the Right Track: IRS Working Toward Interactive Form 1023
The IRS recently released its beta version of the interactive Form 1023, the i1023, designed to make applying for tax…
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Amateur Sports Organization’s Fundraising Structure Leads to Revocation of Status
The Tax Court recently upheld the IRS’ revocation of exempt status of a 501(c)(3) organization formed for the purpose of…
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IRS Ruling on Same-Sex Marriage Has Implications for Nonprofits
On the heels of the Supreme Court decision in U.S. v. Windsor earlier this summer, the IRS has issued a…
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For Many Charities in Limbo, Court Action Not a Practical Alternative
We have blogged and otherwise published previously about the extensive processing delays at the IRS that are affecting many new…
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Delaware Businesses Line Up to Sign On as Benefit Corporations
Here in Colorado, businesses will not have the option of forming as benefit corporations until April 1, 2014. However, Delaware’s…
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