Items Tagged with 'IRS'

ARTICLES

IRS approves nonprofit status for Kent District Library

Surprisingly, not all public library systems in Michigan have 501(c)(3) status.

August 29, 2014
Linda Krombeen’s job just got busier — and in one respect, easier. She probably won’t have to hear “no” so often when she’s trying to get a grant or donation. Read More

Rules change allows nonprofits to secure tax-exempt status more easily

IRS simplifies process so donors can make contributions of goods and services.

August 8, 2014
The IRS has just made it faster, easier and less expensive for small charities to apply for tax-exempt status. Read More

IRS offers shortcut to tax-exempt status

August 1, 2014
Founding a nonprofit often is based on a vision of helping make the world a happier, healthier, better place — but the process can be a nightmare. Read More

U.S. taxes its citizens on worldwide income (and other fun facts)

June 13, 2014
The Internal Revenue Service just released its statistics on income data for the 2011 individual tax filing season. Read More

Bitcoins: currency or property?

April 25, 2014
If your bitcoin stash is hacked, can you claim a loss on your taxes? Read More

Final IRS repair regulations take effect

There may be some tax-saving opportunities for small businesses.

March 21, 2014
The start of 2014 marked the effective date of the IRS’s final version of its repair regulations. Read More

Corporate minutes offer peace of mind for tax purposes

And they may keep the IRS from poking its nose into the business.

January 10, 2014
Keeping well-documented meeting minutes is more important than one might think. Read More

Automatic 18 percent tip will disappear Jan. 1

New IRS rule says mandatory restaurant tips aren’t tips at all.

November 15, 2013
(As seen on WZZM TV 13) Restaurant patrons who have been irritated by the 18 percent tip some places slap on a group check will have something to celebrate besides the new year on Jan. 1. Read More

Street Talk: Too many government cooks spoil the broth

Book nooks.

November 15, 2013
A couple of government-related issues have Michigan restaurateurs worked up. Read More

New IRS regulations may have farmers visiting their CPAs

Equipment repair rules take effect Jan. 1, even though the details haven’t been issued.

August 16, 2013
When it comes to business expenses, farmers “would expense everything if they were given the chance,” according to CPA Claude Titche at Beene Garter in Grand Rapids. Read More