Helping Ukrainians – Practical U.S. Federal Tax Compliance Considerations for Foreign Grantmaking
Many nonprofits and churches are quickly pivoting from their regular charitable and religious activities to assist with the humanitarian crisis caused by the Russian invasion of Ukraine. If this type of giving falls outside of the organization’s normal activity, it is important to maintain legal compliance with U.S. federal tax law and Department of the Treasury sanctions governing international grantmaking activities for public charities and private foundations.
We are pleased to share an extremely pertinent article by Mike Batts, CPA, of BMWL, Batts Morrison Wales & Lee Certified Public Accountants, with their permission.