Getting and Keeping Your Tax-Exempt Status

We invite you to join us on Tuesday, Feb. 25, 2025 for our Not-for-Profit Essentials Series: Getting and Keeping Your Tax-Exempt Status  webinar. Tax-exempt organizations operate within a distinct framework, separate from the for-profit sector. For individuals establishing their first nonprofit entity, it is crucial to adhere to specific rules and regulations to both obtain and maintain their tax-exempt status. 

In this session, we will explore the essential steps in forming a tax-exempt organization, including a comprehensive overview of what are charitable activities and the importance of accurately reporting these activities to the IRS. We will also examine the ongoing requirements for maintaining tax-exempt status, such as the public support test, annual tax filing obligations, and the activities that could jeopardize an organization's tax exemption. Furthermore, it’s important to note that being designated as "tax-exempt" does not equate to being free from all taxes. We will discuss various taxes that may still apply to tax-exempt organizations, both at the federal and state levels. 

PRESENTER

• Jennifer Becker Harris, CPA, MST | Shareholder
• Danielle Wright, CPA, MST | Tax Senior Manager

OBJECTIVES

• Gain a basic understanding of what types of tax-exempt organizations exist.
• Learn what an organization needs to do to apply and maintain its tax-exempt status.
• Be aware of the types of taxes that may apply at a federal and state level.

WHO SHOULD ATTEND

• Board or committee members of a tax-exempt organization
• Individuals who are new to the not-for-profit industry
• Those who are considering forming a new tax-exempt organization
• Those who need a refresher on the basics of a charitable organization

EVENT INFORMATION

• Date: February 25, 2025
• Time: 1:00 pm - 3:00 pm PST
• Cost: $25 per person
• CPE: 2 credit hours
• Platform: Zoom Webinar

Host or Publisher Clark Nuber PS