Category Archives: Non-Profit Information

Vehicle Donation Tax Law Reform: Sher & Blackwell, LLP GAO/Congressional Outline

Summary The Government Accountability Office (GAO) has agreed to a congressional request to update its November 2003 reports on the benefits to charities and donors that result from vehicle donations (GAO Report 04-73).  Local charities affected by changes enacted in 2004 believe a new GAO study could inform legislative debate during this congressional session. The…
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Vehicle Donation Tax Law Reform: Sher & Blackwell, LLP (Current Progress)

For two years, the government relations team at the Washington, DC law firm of Sher & Blackwell, LLP has been pursuing solutions to the problems caused by recent changes in the federal tax code affecting vehicle donations.  These changes were enacted in 2004 to address real and perceived tax abuses – but have had the…
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Difference between Non-Profit & For-Profit

Not all is equal when it comes to the business world. There are very big differences between owning and running a non-profit and a for-profit business. Some differences may be obvious, others a little less. Here are some of the differences between a for profit business and a non-profit. A for profit business is typically…
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Non-Profit Corporation

A non-profit corporation is an incorporated organization that is created by government or judicial authority and registered at the Registry of Commerce. Non-profit corporations are not intended to provide profit to the owners and members unlike for-profit organizations whose main directive is to provide members and owners with a profit. Non-profit corporations are always organized…
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Heavy Hitting Non-Profit Charities

The very heavy hitters in the non-profit sector have all had total expenses greater than five hundred million dollars in its most recent fiscal year. Combined, their total expenses are about ten billion. This enlightens donors on just how large many of America’s charities are and why it is so important for us to donate…
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Used-Car Donations Take a Hit

This is from the Wall Street Journal about Vehicle Donations. Please watch the video by following this link below. http://online.wsj.com/article/SB122100165129316945.html TAX REPORT By TOM HERMAN Used-Car Donations Take a Hit September 10, 2008; Page D3 If you're thinking about donating your gas-guzzling sport-utility vehicle to charity and driving away with a hefty tax deduction, think…
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