Has your guild come up with a great way to do outreach or run a sales event? Is there a software program that you find really useful? Do you have some great program ideas to share with others?
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This information is being provided by MAFA to make our member guilds aware of information other guild members have learned in their research. We are neither tax accountants nor tax attorneys and the information on this website is not intended to serve as legal or tax advice.
Tax-Exempt Status
Tax-Exempt Status: How to Obtain It
Unincorporated Associations vs Corporations?
Gross receipts of less than $5000 per year — or more?
Tax-Exempt Status: How to Keep It
Annual filing requirement – for all nonprofits
How to get tax-exempt status reinstated if you lose it
Workshop Instructor Payments
Make sure you get a W-9 and issue a 1099 for your workshop instructors and outside speakers if their fee is $600 or more. You’ll also need to send a copy of the 1099 to IRS. Find more info here.
The easiest way of handling the W-9s is to send the W-9 along with the contract for signature. You can get a fillable-PDF W9 form here.