Tax,
Labor/Employment,
Government
May 16, 2018
Crowdfunding, employee classification and IRS database... oh my!
This month nonprofits should know about a new bill could affect charitable crowdfunding, the California Supreme Court’s recent employee classification ruling, and the IRS rolling out a database to confirm whether an organization can receive charitable donations.
Erin Bradrick
Principal
NEO Law Group
Corporate, governance, charitable trust, and tax matters solely for nonprofit and exempt organizations
Phone: (415) 977-0558
Email: erin@neolawgroup.com
Yale Law School
NONPROFIT NEWS
The rise of crowdfunding has had a significant impact on charitable fundraising, including both authorized and unauthorized fundraising on behalf of nonprofits, and increased giving directly to individuals to meet a personal need. A new bill in the California Legislature would, if its passes, impact the regulation of online crowdfunding platforms that are raising funds for charitable purposes. The California Supreme Court also r...
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