Jul 15 ā¢ General discussion
State-Level Compliance: What Your Non-Profit Might Be Overlooking šØ
When it comes to compliance, most non-profits zero in on IRS rulesābut state-level requirements are just as critical.
Overlooking them can lead to penalties, loss of tax-exempt status, or even funding ineligibility.
Here are 5 key areas your organization might be missing:
ā
Charitable Solicitation Registration
Fundraising online or across state lines? You may need to register in every state where you solicit funds, even just with a āDonateā button.
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Annual State Filings
Most states require their own annual renewals, in addition to the IRS Form 990. Missing a deadline can lead to dissolution.
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Sales Tax Exemptions
You could be paying sales tax unnecessarily. Many states offer exemptions, but they require separate applications and renewals.
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Employment Law Compliance
Hiring staff or contractors? Each state has unique payroll, unemployment, and workerās comp lawsānon-compliance can be costly.
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Registered Agent & Business FilingsYour nonprofit may need a registered agent and may need to renew Articles of Incorporation annually or biennially, depending on the state.
š“ Small Missteps Can Lead To:
ā¢ Revoked tax-exempt status
ā¢ Ineligibility for grants or matching gifts
ā¢ State-level penalties and loss of authorization
š¼ How Smith CPAs Can Help
We specialize in state compliance audits and multi-state registration assistance, so you can stay protected and mission-focused.
šÆ Book a FREE 30-minute Discovery Call!
š© [email protected]
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State-Level Compliance: What Your Non-Profit Might Be Overlooking šØ
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