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Charities & Not-For-Profits Law in Australia

Tag Archives: tax deductions

Legal Questions for Every Charity & Not-For-Profit Organisation | Issue 2: Charitable Tax Concessions

Posted in Tax Exemptions & DGR Status

As advised in Issue 1: Governance, during the course of advising charities and not-for-profit (NFP) organisations over many years, we have noticed some common issues that are important to our clients. Over the next few months, we will continue to run a series of short summaries of those legal issues that every charity and not-for-profit organisation should consider. This… Continue Reading

California couple loses USD18 million over IRS form filling error

Posted in Compliance, Fundraising, General

Summary – California couple donated real estate worth USD18 million to a charity but their failure to complete the Internal Revenue Service (IRS) form correctly lead to their loss of the entire associated tax deductions. California couple, Joseph and Shirley Mohamed, donated real estate worth USD18 million to a charity in 2003 and 2004 but… Continue Reading