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Nonprofit Attorney Sandra Pfau Englund Calls On IRS & Congress to Suspend Autorevocation Program

Fri, 26 Aug 2011 07:00:00 GMT

Due to errors in a new IRS system, the federal tax-exempt status of thousands of nonprofit, tax-exempt organizations is being revoked in error. According to nonprofit attorney Sandra Pfau Englund, the IRS knows of the problem, but instead of fixing it is insisting these organizations reapply for federal tax exempt status.

(PRWeb August 26, 2011)

Read the full story at http://www.prweb.com/releases/2011/8/prweb8739946.htm

Project ReStart Helps Nonprofits Regain Tax Exempt Status

Sat, 18 Jun 2011 07:00:00 GMT

Pfau Englund Nonprofit Law, P.C., a firm focusing on the needs of nonprofit, tax-exempt organizations, has launched Project ReStart in response to the IRS' recent revocation of the tax exempt status of 275,000 organizations.

(PRWeb June 18, 2011)

Read the full story at http://www.prweb.com/releases/2011/6/prweb8578971.htm

Parent Booster USA Revises IFA Policy

Wed, 25 May 2011 07:00:00 GMT

Parent Booster USA is providing new guidance to school support organizations on the use of individual fundraising accounts (IFA) through which students and their parents are "credited" for fundraising activities. PBUSA notes that while IRS rules regarding IFA's are unclear, the IRS is known to find these types of cooperative fundraising activities to be illegal.

(PRWeb May 25, 2011)

Read the full story at http://www.prweb.com/releases/2011/5/prweb8473647.htm

Parent Booster USA Launches "Get Legal, Stay Legal" Campaign

Thu, 21 Apr 2011 07:00:00 GMT

Parent Booster USA's new video, Get Legal Stay Legal, emphasizes PBUSA's mission to help school support organizations come into and remain in compliance with federal and state laws for tax exempt organizations.

(PRWeb April 21, 2011)

Read the full story at http://www.prweb.com/releases/2011/4/prweb8322084.htm

White Paper Details School Booster Club Fundraising Rules

Tue, 14 Dec 2010 08:00:00 GMT

The IRS has stated that the common school booster club practice of "crediting" students with some of the earnings from fundraisers violates IRS private benefit rules. A new white paper released by Parent Booster USA details the IRS rules, and how school booster clubs may determine if their fundraising practices are legal.

(PRWeb December 14, 2010)

Read the full story at http://www.prweb.com/releases/2010/12/prweb8022180.htm

PBUSA Releases Booster Club QuickStart Guide

Thu, 23 Sep 2010 04:00:00 GMT

Parent Booster USA created and released a QuickStart Guide to assist school booster clubs get off to a running start following federal and state fundraising rules.

(PRWeb September 23, 2010)

Read the full story at http://www.prweb.com/releases/2010/09/prweb4553134.htm

Schools Should Audit Their Booster Clubs

Fri, 10 Sep 2010 07:01:00 GMT

Parent Booster USA is offering school administrators a new, free service, BoosterCheck, to ensure that their school booster clubs and other school support organizations are using their own federal tax ID number and state sales tax exemption certificates. In addition,through BoosterCheck, school admnistrators may determine if their school booster clubs have complied with a new federal aw that requires all nonprofit organizations, regardless of the amount of funds raised, to file an IRS tax return each year.

(PRWeb September 10, 2010)

Read the full story at http://www.prweb.com/releases/2010/09/prweb4484164.htm

Parent Booster USA Announces Free School Booster Group Workshops

Tue, 03 Aug 2010 07:00:00 GMT

Parent Booster USA is conducting free workshops to assist school administrators navigate the increasingly complex rules and regulations for school booster clubs. Schools are relying more on booster clubs to fill gaps created by cuts in federal and state education funding. However, there are significant knowledge gaps in how to legally operate school booster clubs.

(PRWeb August 03, 2010)

Read the full story at http://www.prweb.com/releases/2010/08/prweb4334234.htm

Parent Booster USA Announces New School Booster Club Insurance Program

Tue, 18 May 2010 07:00:00 GMT

Parent Booster USA IPBUSA) annonced that it is joining with Association Insurance Management (AIM-Companies) to provide low-cost insurance to school booster clubs. Frequently school booster clubs are unaware that the school insurance policy does not cover the activities and liability of the school booster clubs.

(PRWeb May 18, 2010)

Read the full story at http://www.prweb.com/releases/booster/05/prweb4012074.htm

Parent Booster USA Announces New No-Cost Memberships for School Administrators

Tue, 27 Apr 2010 07:01:00 GMT

With more school budget cuts looming, school administrators are turning to voluntary school booster clubs to raise much-needed funds according to Parent Booster USA. PBUSA recently announced new, no-cost memberships fro school superintendents and prinicipals to help them get the most from their school support organizations.

(PRWeb April 27, 2010)

Read the full story at http://www.prweb.com/releases/2010/schools/prweb3917694.htm

Embezzlement of School Booster Club Funds No Joking Matter

Wed, 10 Mar 2010 08:00:00 GMT

Thousands of dollars raised by school booster clubs and intended to build new school playgrounds, fund field trips and other activities is being stolen. Parent Booster USA recently published new guidelines to assist school support organizations develop and use proper financial procedures to safeguard school funds.

(PRWeb March 10, 2010)

Read the full story at http://www.prweb.com/releases/booster_club/PTO/prweb3705134.htm

Thousands of School Booster Clubs Not in Compliance with Tax Laws

Tue, 12 Jan 2010 08:00:00 GMT

Thousands of school booster clubs appear to be out of compliance with IRS rules and state laws requiring tax returns to be filed. Failure to seek federal tax-exempt status, and file tax returns, raises significant liability for school booster clubs and the schools for which these groups raise funds.

(PRWeb January 12, 2010)

Read the full story at http://www.prweb.com/releases/booster_club/tax_exemption/prweb3420644.htm

Candy Bar Accounting: Keeping track of school booster club fundraising

Tue, 27 Oct 2009 07:00:00 GMT

States are passing laws requiring school support organizations, including PTOs, band and athletic booster and other booster clubs, to keep better track of funds and fundraising activities. Parent Booster USA, a national organization that provides oversight and tax-exempt status to booster clubs has published model financial guidelines to help booster clubs meet these new requirements.

(PRWeb October 27, 2009)

Read the full story at http://www.prweb.com/releases/parent_booster/booster_club/prweb3101064.htm

School Booster Clubs Need Tax-Exemption

Thu, 10 Sep 2009 07:00:00 GMT

Any school booster club that plans to raise $5000 or more this school year needs federal 501(c)(3) tax-exempt status. Parent Booster USA, a national nonprofit organization, has been authorized by the IRS to grant immediate tax-exempt status to its members, avoiding the long and costly process booster clubs faced in the past.

(PRWeb September 10, 2009)

Read the full story at http://www.prweb.com/releases/booster_club/parent_booster_usa/prweb2850934.htm