Oct
16
2017

Successful Grant Writing

Thursday, Nov. 2, 2017 from 9 a.m. to 4 p.m. in Century Room C of the Millennium Student Center (on our UMSL north campus – please note different building than most of our workshops).

In the highly competitive world of grants, learn the art and science of creating excellent grant applications. Share perspectives and embrace practical examples that will give you an edge in writing proposals and obtaining funding. You will leave this interactive session with tools and techniques you can put to immediate use as you seek funds from the private sector. Hands-on activities will be more meaningful if you come to class with a project in mind – it can be for any project at any amount. From the initial research to thanking the donor, this comprehensive session is good for beginners and seasoned grantwriters alike. The class will also explore the growing area of Donor Advised Funds and their potential impact on foundation giving. Lunch included (in form of voucher for use in the MSC food court).

Instructor Wendy Dyer has enjoyed working with hundreds of nonprofits over the last 23 years as a consultant, from north to south and throughout the Midwest.   She has helped pump millions of dollars into the economy – expanding programs and building schools, health centers and cultural places – bringing opportunity to thousands of people.  A frequent presenter and trainer, Wendy encourages agencies to find their “sizzle” and embrace her mantra that “People are giving money away, anyway, might as well be to you.”

Fee: $99

Register for Successful Grant Writing

Written by in: Events
Oct
12
2017

EO Update: e-News for Charities & Nonprofits

Audit Technique Guides for Exempt Organizations
Examiners use these guides during audits of specific types of exempt organizations.

The Enduring Relevance of Rev. Proc. 71-17 on IRC Section 501(c)(7) Organizations
Read the IRS issue snapshot on the effect of a 501(c)(7) club’s non-member income on its unrelated business taxable income and exemption.

Written by in: General
Oct
05
2017

IRS TE/GE Releases 2018 Work Plan

The IRS recently released the 2018 Work Plan for the exempt organizations function.  The Work Plan provides information regarding various areas of IRS focus.

Written by in: General
Oct
03
2017

Cybersecurity: A Strategic Priority for Nonprofits

Thursday, Oct. 19, 2017, 1-4 p.m. in #204 Express Scripts Hall (on the UMSL north campus - please note different location than most of our classes)

This class provides an overview of core cybersecurity concepts and an appreciation of the variety of threats to cybersecurity. Attendees will consider why a focus on cybersecurity is important, what is at stake, and how cybersecurity must become a strategic priority for nonprofits. The class will conclude with a survey of immediate steps nonprofits could take to better manage cybersecurity risks. Attendees are encouraged to bring their own laptops.

About the Cybersecurity Program at UMSL: The University of Missouri-St. Louis holds the prestigious National Center of Academic Excellence in Cyber Defense Education (CAE-CDE) designation granted by the National Security Agency and the U.S. Department of Homeland Security. We are currently one of only two institutions that hold such a designation in the state of Missouri and the only CAE-CDE in the Saint Louis region. (cybersecurity.umsl.edu).

Instructor Dr. Shaji Khan is an Assistant Professor of Information Systems, in the College of Business, University of Missouri-St. Louis. He has published in prestigious academic journals, presented research at national academic conferences, authored book chapters, and produced practitioner oriented research and industry reports. His research interests include offshoring of business services, innovation and entrepreneurship, and management of Information Technology and Information Security (InfoSec) in high-reliability environments.

Dr. Khan helped create the graduate and undergraduate certificate programs in Cybersecurity at the University of Missouri-St. Louis. He also created the Cybersecurity and Information Technology Innovation Lab (CITIL, http://cybersecurity.umsl.edu) which acts as a hub of InfoSec research and teaching for the entire campus. He currently teaches courses on Information Security, Data Networking and Security, and Management of Information Systems.

Enrollment fee: $40

Click here to register for Cybersecurity: A Strategic Priority for Nonprofits

Written by in: Events
Sep
27
2017

EO Update: e-News for Charities & Nonprofits

The IRS is providing several types of tax relief for those affected by hurricanes hitting Texas, Florida, Georgia, Puerto Rico and the U.S. Virgin Islands. We’re monitoring the situation closely to resolve potential tax related issues as they’re identified. Check IRS.gov/hurricaneharvey and IRS.gov/hurricaneirmaoften for a current list of all tax relief available in these disaster areas and others.

IRS Gives Tax Relief to Victims of Hurricane Harvey; Parts of Texas Now Eligible
Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments. This relief also applies to Form 5500 series returns of eligible taxpayers.

IRS Gives Tax Relief to Victims of Hurricane Irma; Additional Relief Planned
Hurricane Irma victims have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments. This relief also applies to Form 5500 series returns of eligible taxpayers.

Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Harvey
The IRS relaxed procedural and administrative rules for retirement plan loans and hardship distributions to certain participants in 401(k), 403(b) and 457(b) plans. Retirement plans can provide this relief for participants who are victims of Hurricane Harvey or for certain family members who lived or worked inside the disaster area.

Like Harvey, Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Irma
The IRS announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Irma and members of their families.

Beware of Fake Charity Scams Relating to Hurricanes Harvey and Irma
Fake charity scams proliferate after disasters like Hurricane Harvey and Hurricane Irma. We encourage you to seek out recognized charitable groups for your donations.

Tax Tip
Exempt Organizations affected by Harvey and Irma have been granted tax relief.

Written by in: General
Sep
14
2017

Help for Hurricane Harvey…and Irma Too

Employers seeking ways to help employees and their family members affected by Hurricanes Harvey or Irma should consider the various relief made available by the Internal Revenue Service under Announcements 2017-11 and 2017-13 and Notice 2017-48.

Under Notice 2017-48, employers who maintain a leave-based donation program (there is still time to adopt one) can afford employees the opportunity to forgo their vacation, sick or personal leave in exchange for cash contributions made by the employer, before Jan. 1, 2019, to charitable organizations assisting those impacted by Hurricane Harvey.  The donated leave will be excluded from the donor employees’ income and wages and the employer will be able to deduct such contributions to a qualifying charitable organization as a business expense.  As always, the Notice includes specific guidelines that must be followed in order for employers and employees to take advantage of this relief.  Note that currently this relief is approved only for Hurricane Harvey assistance.

Announcements 2017-11 and 2017-13 permit employers who sponsor a “qualified employer plan” to offer hardship distributions and/or plan loans to participants for reasons (including to obtain food and shelter) relating to Hurricanes Harvey and Irma even if the plan doesn’t currently permit hardship distributions or loans.  For purposes of this relief, participants may obtain a hardship distribution and/or plan loan not just for their own needs but also to help certain affected family members.  In addition, certain other restrictions (e.g., automatic six-month suspension of elective deferrals following a hardship distribution) that generally apply are suspended.

Your qualified employer plan does not need to be formally amended before the hardship withdrawal and plan loan relief is offered; however, the plan must be amended no later than the end of the first plan year beginning after December 31, 2017, and the relief can only be offered to the extent provided and within the time period authorized by Announcements.

The IRS is also offering other forms of relief to affected taxpayers (employers and individuals), including penalty relief for certain late tax filings, extended deadlines for certain tax filings and payments. A special IRS website contains links to all of its Hurricane Harvey relief and other helpful information about reconstructing records, checking the tax-exempt status of charitable organizations and more.  Similar information is provided on a separate webpage for those affected by Hurricane Irma.

Written by in: General
Sep
05
2017

EO Update: e-News for Charities & Nonprofits

1. IRS provides help for Hurricane Harvey victims

The IRS is providing a variety of tax relief for those affected by Hurricane Harvey. Check our webpage for the latest updates.

2. Beware of Hurricane Harvey fake charity scams

The IRS issued a warning about possible fake charity scams emerging due to Hurricane Harvey and encouraged taxpayers to seek out recognized charitable groups for their donations.

3. More IRS disaster relief information available

Publication 3833, Disaster Relief, Providing Assistance Through Charitable Organizations

Two-part mini-course on disaster relief.

Additional information about IRS help for Hurricane Harvey victims is available on IRS social media sites, including the Twitter handle @IRSnews, following the hashtag #Harvey.

Written by in: General
Aug
21
2017

IRS Seeks Applications for Advisory Committee for the Tax Exempt and Government Entities Division

The IRS is seeking applicants for vacancies on the Advisory Committee on Tax Exempt and Government Entities (ACT). The committee provides advice and public input on the various areas of tax administration served by the Tax Exempt and Government Entities Division (TE/GE). Applications will be accepted through September 18, 2017.

Written by in: General
Jul
19
2017

Bryan Cave Recognized in The Legal 500

We are very excited to announce that Bryan Cave was recognized in Legal 500 as one of the top law firms in the Nonprofit / Tax Exempt Organizations category.  This is an honor and we are delighted that our Firm has been recognized along with the other top law firms in the United States that specialize in advising nonprofit and tax-exempt organizations.

The purpose of The Legal 500 is to help corporate counsel find the right advisors through its law firm rankings and editorial, which are free of charge to access. Rankings are based on feedback from 250,000 in-house peers and access to law firms deals and confidential matters, which are independently assessed by researchers.

Written by in: General
Jun
14
2017

403(b) Pre-Approved Retirement Plans List

We’ve recently updated the list of 403(b) pre-approved retirement plans that have received an IRS favorable opinion or advisory letter. A favorable opinion or advisory letter for a 403(b) pre-approved plan means that the IRS has determined that the plan satisfies the requirements of Internal Revenue Code Section 403(b) (these requirements are specifically outlined in the opinion or advisory letter).

Employers eligible to sponsor 403(b) retirement plans for their employees may want to consider adopting a pre-approved plan that has received a favorable letter instead of a having an individually designed plan.

Related resources:

Written by in: General

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