📈How Nonprofits Can Create For-Profit Subsidiaries

Nonprofits can successfully launch a for-profit subsidiary that creates an income stream without losing charity status.

Read Create For-Profit Subsidiary

💰Availability of Financing for Nonprofits

Do you have options beyond the traditional bank financing to fund your nonprofit?

Read Financing for Nonprofits

🏛️Exempt Status Rules of IRS Defined Business Leagues - 501(c)(6) Organizations

Trade associations are defined by the IRS as ‘business leagues’.  There are different rules that apply for these organizations to maintain their exempt status.

📼Recordings Available
2023 Exempt Organization Conference

Our Annual Exempt Organizations Conference was held on November 30 and December 1. Topics included:

• Economic Update
• Power of Artificial Intelligence (AI)
• Credit Losses (CECL) for Nonprofits
• Govt Accounting Update and the new Data Collection Form
• Cybersecurity Threats
• Solar Power Made Simple
  
  

Go to our website where you can find the webinar recordings, slide decks, AI resources, speaker biographies, and CPE credits issued.

2023 Exempt Conference Resources

☑️Your Opinion Matters

Let us know your preference for the 2024 Exempt Conference - Virtual or In-Person.

Take the 1-minute survey 

📆2023 Year-End Tax Planning Guide for Individuals

Now Available! Our 2023 Year-End Tax Planning Guides for Individuals is available to download and print. The 11-page document covers all you need to know to plan for year-end 2023 and 2024.

Download Individual Tax Planning Guide

🏒Attention Clients - Win Hockey Tickets

Back by popular demand, Lumsden McCormick clients can enter to win two tickets to an upcoming Sabres game. Raffles will be held monthly from November 2023 - March 2023 for games in December '23 - April '24. Go team!

Register to win!