Don’t Lose Exempt Status; New Filing Location for Form 990-N

May 20th, 2016
Don’t Lose Exempt Status; New Filing Location for Form 990-N

The Form 990-N is the e-postcard for small, tax exempt organizations and submitted annually online. Prior to February 2016, the forms were accepted through the Urban Institute web portal.

Don't lose your exempt status! Visit IRS.gov to file today. The Internal Revenue Service (IRS) will not penalize organizations for late submissions this year.

Department of Labor Publishes Final Overtime Rule Effective December 1, 2016

May 18th, 2016
Department of Labor Publishes Final Overtime Rule Effective December 1, 2016

The United States Department of Labor (the DOL) has issued updates to the Overtime rule effective December 1st, 2016. The updates include increases to the salary threshold of salaried workers entitled to overtime from $455 per week to $913 per week. According to the DOL, potentially 4.2 million workers will either gain new protections or get a raise.