Latest News

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act (H.R. 4853), 12/17/10

From the National Council of Nonprofits.

How Will the New Tax Law Affect Your Nonprofit, Your Employees, and the People You Serve?

Yesterday Congress passed the $857 billion tax package negotiated by President Obama and congressional Republicans. President Obama is expected to sign the legislation today.

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act (H.R. 4853) has numerous components of interest and concern to nonprofits – as employers and as mission-based organizations involved in local communities. This list presents portions of interest to most nonprofits, nonprofit employees, and the people they serve:

Nonprofit Sector and Community Solutions Act (HR 5533) Overview and Articles

Landmark Bill to Strengthen Nonprofit-Government Partnership Introduced  (6/16/10)
At a press conference on June 16 at the US Capitol, the National Council of Nonprofits applauded the leadership of Congresswoman Betty McCollum (MN-04) for introducing the Nonprofit Sector and Community Solutions Act (HR 5533), a bill that will transform the way that the federal government thinks about and deals with the charitable nonprofit community in the United States. Read more.

Additional resources courtesy of the National Council of Nonprofits:

2010 Census - Valuable Data to Support Your Mission

Official Census Site

 

2010 Census Data Products at a Glance
Short summaries and schedules for the 2010 Census data products with links to table shells showing the content of files.

Interactive map showing population change, population density, and apportionment by state over the last 100 years.

Census News (links to full articles)

IRS Workshop

06/26/2012 - 1:47pm
06/28/2012 - 1:47pm

 WNA is proud to announce an upcoming workshop that explains what 501(c)(3) organizations must do to keep their tax-exempt status and comply with tax obligations. 

You can read more in the attached brochure

Please click here to register. 

Property Tax Exemption for Student Housing Repealed

The JFC just approved a motion to repeal a property tax exemption for student housing. Assembly Co-chair Robin Vos said it was an earmark approved in the last budget.

The exemption was for a) facilities owned by nonprofits; b) facilities that house no more than 300 where at least 90 percent of the residents are students enrolled at UW-Madison; and c) facilities that offer support services and outreach programs to its residents, the public or private institution of higher education at which the student residents are enrolled.

The LFB note says the exemption currently only extends to the student housing component of Pres House, a religious center and student housing facility operate as a ministry of the Presbyterian Church at UW-Madison.

Under the motion, the tax exemption is repealed on Jan. 1, 2012.

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