When a Nonprofit Loses Tax-Exempt Status: What Happens Next? When a nonprofit loses tax-exempt status, it usually doesn’t start with a dramatic IRS raid. It starts with missed filings. A deadline comes and goes. Then another. Then another. And one day you find out: “The IRS automatically revoked your tax-exempt status… three years ago.” Now …
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Laura A. Brown Featured in Mass Lawyers Weekly on “Bombshell” Tax Court Ruling The Massachusetts Appeals Court recently handed down a significant decision in Welch v. Commissioner of Revenue, ruling that a former resident’s stock sale was subject to Massachusetts taxation. The decision signals a potential expansion of the Department of Revenue’s reach into non-resident …
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501(c)(3) vs. Private Foundation: What’s the Difference? If you’re starting or funding a nonprofit, “501(c)(3)” sounds simple… until someone asks: “Are we a public charity or a private foundation?” And suddenly you’re wondering: Does this change our tax rules? Can donors still deduct their gifts the way they expect? Are we accidentally setting ourselves up …
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He Didn’t File for Years—Then Owed Six Figures: What Self-Employed Pros Can Do Next You’re 1099, busy, and the years blurred. Now you’ve finally filed—and the balance is jaw-dropping. Take a breath. You have options with the IRS and the Massachusetts DOR. Here’s the practical path forward. First: Stabilize (Today–This Week) Open every notice. Deadlines …
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Nonprofit Tax Guidance Explained by a Nonprofit Lawyer Nonprofit taxes aren’t easy. And if you get them wrong, your entire mission could be at risk. Whether you’re running a local shelter or a national foundation, staying compliant with tax law is essential. You want to focus on doing good—not deciphering tax codes or worrying about …
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What Is a Tax Return Audit—and Why Is It Happening to You? You just got a notice from the IRS, or maybe an agent from the Massachusetts Department of Revenue is knocking at your door. Suddenly, you’re in the middle of a tax return audit—and it’s no joke. Audits can drag on for months and …
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What Happens If a Mechanic’s Lien Is Not Filed Correctly? You did the work. You haven’t been paid. Now what? If you’re relying on a mechanic’s lien to protect your business, you better make sure it’s done right. Because here’s the truth: If you mess it up, even slightly, you might lose your only shot …
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Common Legal Mistakes Nonprofits Make (And How Non Profit Lawyers Can Help) Running a nonprofit sounds noble, right? You have a mission, you have supporters, and you want to make a difference. But even the most well-intentioned organizations can land in serious legal trouble if they overlook key compliance steps. Could your nonprofit face fines, …
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Harvard in the News: Could Your Nonprofit Face the Same Risk? Harvard is making headlines, and not for its academics. The university is now facing questions about whether it still qualifies as a nonprofit. Why? Because there’s growing concern it’s stepped outside the boundaries of its tax-exempt purpose.If Harvard can land in hot water, your …
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Can You Deduct Gambling Losses on Your Taxes? Here’s What the IRS—and Your State—Wants to See You hit the jackpot—or maybe you didn’t. Either way, if gambling played a role in your finances last year, the IRS wants a look. Yes, gambling winnings are taxable. Every dollar. But what about your losses? Can you deduct …
