1540 Sul Ross  Houston, Texas 77006   (713) 526-4876    info@talarts.org     http://www.talarts.org

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Newsletter

February 2010
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Individual Income Tax Seminar for Artists, Tuesday, February 9, 2010 and Saturday, March 6, 2010

TALA is pleased to offer two seminars this tax season for individuals needing information on filing individual tax returns and answers to tax questions.  These seminars are structured with artists in mind and will address common concerns artists may have about hobby loss, and other IRS regulations pertaining to creative practice.  Michele Stanton, CPA, will present the same seminar in both February and March.  Michele is a long-time TALA volunteer and experienced CPA who often works with individual artists through TALA.  Both seminars are free and open to TALA members and non-members, however advanced registration is required.  Please see the form below to register for one of the seminars.  

Registration Form (Word Document)
Registration Form (PDF)

Individual Income Tax Seminar for Artists
Tuesday, February 9th, 2010
6 pm - 8 pm
and Saturday, March 6, 2010
10 am - 12 pm
Art League Houston Education Building
Bomar Street and Montrose Boulevard
1003 Bomar Street
Houston, TX 77006-1243

Link to Google Map

Nonprofit Workshops presented by the Houston CPA Society, the United Way, and TALA

These courses address issues of concern and interest to accounting and legal professionals who perform services for nonprofits, board treasurers, and financial staff members of nonprofits.

All seminars held at
The United Way Center for Philanthropy, Leadership, and Volunteerism
50 Waugh Drive at Feagan Street (north of Memorial Drive)
Houston, TX 77007

Profits for Nonprofits: Understanding UBIT (Course Number NPS544.M)*
Wednesday, February 10, 2010
4:00 pm to 7:00 pm
What are the consequences of nonprofits engaging in profit-making activity?  As traditional funding sources decline, it is reasonable for a nonprofit to consider revenue generating activity, even though there may be tax obligations associated with them.  Presenters Jody Blazek, CPA, and Amanda Adams, Blazek & Vetterling, will provide an overview of the rules that govern unrelated business income taxes(UBIT).  This comprehensive overview of the rules and numerous exceptions related to UBIT will help nonprofits make informed decisions about new ventures.  

More 990 (Course Number NPS545.M)*
Wednesday, March 10, 2010
4:00 pm to 7:00 pm
Although many nonprofits have already experienced the challenge of completing the new 990 tax return mandated by the IRS, many will be encountering it for the first time as 2010 gets underway.  With complex new requirements and still-changing interpretations, this session will continue the discussions begun in 2009 and provide practical guidelines on completing the required paperwork in an accurate and efficient way.  Join Jody Blazek, CPA, and Amanda Adams, Blazek & Vetterling, for an update on the 990 experience, with plenty of time for questions and comments.

Please visit the Houston CPA Society website for pricing and registration information
* 3 hours CPE credit is available for each session

Nonprofit Orientation Session, Wednesday, February 17th, 2010

This session will be held on Wednesday, February 17th, 2010 from 5:30 pm - 7:30 pm at the TALA Office (1540 Sul Ross Street, Houston, TX 77006).  These sessions are designed to provide information to those interested in forming a tax exempt, nonprofit corporation and cover the basic function and structure of exempt organizations, bookkeeping and tax issues related to exempt organizations, and other pertinent information.  There will also be a time for questions and answers during the session.  Session will be presented by Erin Rodgers, TALA Staff Attorney.  Please contact < info@talarts.org > to reserve a space.  Space is limited.

Nonprofit Orientation Session
Wednesday, November 11th, 2009
5:30 pm - 7:30 pm
TALA Office
1540 Sul Ross Street
Houston, TX 77006

Menil Community Arts Festival, Saturday, March 13th, 2010

Please mark your calendars for the second annual Menil Community Arts Festival Saturday, March 13th, 2010 from 11 am to 3 pm across the Menil Campus.  Workshops, readings, other programs, and food vendors will be scheduled throughout the afternoon at participating organizations.  Organizations include: The Menil Collection, the Water Color Arts Society, Writers in the Schools, InPrint, DaCamera, Aurora Picture Show, Southwest Alternate Media Project, Texas Accountants and Lawyers for the Arts, Houston Center for Photography, and Collage-Art for Cancer.  Be on the lookout for more information about the festival  later this month!

Online Membership Payment Now Available

TALA needs your support!  Please consider becoming a member, or renewing your membership today.  We can now accept payment via PayPal through our website.  Please see the link below.

Membership payment through PayPal

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