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Summary: Unrelated business income can create tax obligations when a nonprofit earns revenue from a regularly conducted commercial activity that does not directly advance its exempt purpose. A [...]

Summary: Nonprofits can support reasonable executive compensation through independent approval, appropriate market comparisons, and timely written records. The IRS reviews the full economic [...]

Summary: Nonprofit gift acceptance policies help boards review donations before accepting conditions that may conflict with mission, operations, donor trust, or public reputation. Restricted [...]

New Overtime Rule Blocked For Now A federal court in Texas has placed a temporary injunction on the implementation of the Department of Labor’s new overtime rule, which was scheduled to go into [...]

A federal court issued a preliminary injunction on November 22, 2016 blocking implementation of the rule pending further review. The current overtime regulations remain in effect, including the [...]

The Department of Labor passed its Final Rule Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees under the Fair Labor [...]