posts tagged as Tax Exempt
R&D for IPAs: Tax Breaks for Brewpubs
Over the past few years, it has become clear that craft beer is trending in the fast casual scene. While most fast casuals are stocking and selling, brewing their own is just around the corner. Owning and operating a brewery can be an...
Exempt Organizations IRS Priorities
Congress makes the laws, Treasury interprets them, and the Internal Revenue Service (IRS) enforces them and collects the revenue. But because the IRS has a limited budget, its Tax Exempt and Government Entities Division (TE/GE) has set...
501(r) Penalties Depend on Response to Mistakes
There has been significant discussion this year about new provisions outlined in Section 501(r) of the Internal Revenue Code that nonprofit hospitals must meet to retain their tax-exempt status.
Sales Tax Savings Tips for Restaurants
In the competitive restaurant industry, it is crucial for managers and operators to recognize not only where savings can be utilized when opening new establishments, but also where pitfalls may lurk.