Nonprofit

By Melissa Scholz|2025-01-30T16:09:42+00:00January 30th, 2025|Compliance, Events, Nonprofit|

Join us for legal updates on issues affecting nonprofits and the communities they serve. We will share what we know (and what we don't!), with a focus on how to keep moving forward. Webinar will not be recorded. Scholz Nonprofit Law Jeff Mandell from Law Forward Grant Sovern from Quarles & Brady / Community Immigration Law Center Thursday, February 6, 2025 11 - 12:30pm CST Registration required. Questions about the webinar? Email: [email protected] Substantive client questions? Email: [email protected]

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REMINDER: IRS Reporting

501(c)(3), Nonprofit, Taxes

REMINDER: IRS Reporting

By Melissa Scholz|2025-01-15T01:32:04+00:00January 15th, 2025|501(c)(3), Nonprofit, Taxes|

Thank you for the opportunity to work with you. We greatly appreciate the contributions you make in the community and the trust you place in us to assist you. We look forward to being able to serve you in 2025. This is a reminder that all nonprofits have an obligation to submit various reports to the IRS and to the state each year. Below is an explanation of these key tax filings and their deadlines: 1) Form 1099 – You may be required to issue Form 1099-MISC for miscellaneous payments such as rent or Form 1099-NEC for payments to [...]

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Employment Law Updates

501(c)(3), Compliance, Employment, Nonprofit

Employment Law Updates

By Melissa Scholz|2024-11-21T16:14:51+00:00June 5th, 2024|501(c)(3), Compliance, Employment, Nonprofit|

EMPLOYMENT LAW UPDATES New Minimum Salaries for Exempt EmployeesUnder the Fair Labor Standards Act (SLFA), employees with sufficiently high salaries are categorized as “exempt,” meaning they are not entitled to overtime pay. On April 23, the US Department of Labor (DOL) finalized a rule that will increase the minimum salary required to categorize an employee as exempt. Currently, employees who fall under the white-collar exemption (such as administrators, managers, and teachers) must earn a salary of at least $684 per week or $35,568 annually to be considered exempt under the FLSA. Under DOL’s new rule, this minimum salary [...]

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Key Tax Filings and Deadlines for 2024

501(c)(3), Compliance, Nonprofit, Taxes

Key Tax Filings and Deadlines for 2024

By Melissa Scholz|2024-06-13T22:08:16+00:00January 24th, 2024|501(c)(3), Compliance, Nonprofit, Taxes|

Dear Scholz Nonprofit Law clients, current and past, and friends in the community: Thank you for the opportunity to work with you. We greatly appreciate the contributions you make in the community and the trust you place in us to assist you. We look forward to being able to serve you in 2024. This is a reminder that all nonprofits have an obligation to submit various reports to the IRS and to the state each year. Below is an explanation of these key tax filings and their deadlines: 1) Form 1099 – You may be required to issue Form [...]

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Meet our new associate attorney, West Foster

501(c)(3), Nonprofit

Meet our new associate attorney, West Foster

By Melissa Scholz|2023-07-11T21:39:41+00:00July 11th, 2023|501(c)(3), Nonprofit|

Dear clients, friends, and Wisconsin nonprofit community, We are excited to introduce our new associate attorney, West Foster. West joined us this May after graduating from the University of Wisconsin Law School. Prior to joining Scholz Nonprofit Law, he interned for Chief Judge Peterson at the Federal District Court for the Western District of Wisconsin and worked at UW’s Law and Entrepreneurship Clinic, where he provided free legal support to cooperatives, nonprofits, and small businesses. He brings to Scholz Nonprofit Law his passion for cooperatives and will expand the kinds of social enterprise that we support. On that [...]

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Key tax filings and deadlines for 2023

501(c)(3), Nonprofit, Taxes

Key tax filings and deadlines for 2023

By Melissa Scholz|2023-01-16T23:17:45+00:00January 16th, 2023|501(c)(3), Nonprofit, Taxes|

Dear Scholz Nonprofit Law clients, current and past, and friends in the community: Thank you for the opportunity to work with you. We greatly appreciate the contributions you make in the community and the trust you place in us to assist you. We look forward to being able to serve you in 2023. May the year ahead be a productive, effective, and fulfilling year for all of you! With this email, we want to remind our readers that all nonprofits have an obligation to submit various reports to the IRS and to the state each year. Below is an [...]

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Explanation of key tax filings and their deadlines

Nonprofit, Taxes

Explanation of key tax filings and their deadlines

By Melissa Scholz|2022-01-21T21:38:36+00:00January 21st, 2022|Nonprofit, Taxes|

Dear Scholz Nonprofit Law clients, current and past, and friends in the community: Thank you for the opportunity to work with you. We greatly appreciate the contributions you make in the community and the trust you place in us to assist you. We look forward to being able to serve you in 2022. This is a reminder that all nonprofits have an obligation to submit various reports to the IRS and to the state each year. Below is an explanation of these key tax filings and their deadlines: 1) Form 1099 - You may be required to issue [...]

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SCORE Offers Seminars & Mentoring for Nonprofits

COVID-19, Nonprofit

SCORE Offers Seminars & Mentoring for Nonprofits

By Melissa Scholz|2021-08-17T18:52:54+00:00August 17th, 2021|COVID-19, Nonprofit|

Beginning in September SCORE will offer a series of 10 seminars focused on developing and sustaining nonprofits. The first five sessions address important internal structures and operations. Then in October and November the emphasis will shift to outreach and fundraising. Participants will have a choice of in-person or online Zoom attendance. Cost is $20 per person per session. In person attendance is open to fully-vaccinated participants who will also be asked to wear a mask and to social distance during the workshop. Topics include: September 8, 2021 – Starting & Developing a Successful Nonprofit September 16, 2021 – Board [...]

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Update on EIDL Online Application

COVID-19, Nonprofit

Update on EIDL Online Application

By Melissa Scholz|2020-04-29T14:58:31+00:00April 29th, 2020|COVID-19, Nonprofit|

The EIDL program (run through the SBA online portal) recently received an additional $60 billion in funding from Congress. At this time, we are aware that the SBA has not re-activated the online EIDL application at SBA.gov. It appears SBA is working through an existing back-log of applications before reopening the application process. We will keep an eye on it and let you know if it opens up.

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SBA Loan and Employment Guidance

COVID-19, Employment, Nonprofit

SBA Loan and Employment Guidance

By Melissa Scholz|2020-04-16T23:31:19+00:00April 8th, 2020|COVID-19, Employment, Nonprofit|

Hello friends and colleagues, Thanks to the support of the Madison Community Foundation, over the past two days, Scholz Nonprofit Law has hosted several seminars on the Coronavirus Aid Relief and Economic Support Act (“CARES”), and related options for financial support and sustainability during these challenging times. If you want to listen to a recording of the seminar, see here. We focused our seminar on two topics (i) SBA loan programs available to nonprofits, and (ii) employment challenges nonprofits are facing. Jeff Femrite discussed (i) the SBA’s Paycheck Protection Program (“PPP”) loans (which may be totally forgiven if used [...]

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