UPDATE 11/13/24 – The Stop Terror-Financing and Tax Penalties on American Hostages Act has failed to pass the House with…
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Tax-Exempt Status
IRS Posts Procedure for Reporting Tax-Exempt Organization Concerns
The IRS has posted on its website the procedure for submitting complaints about a tax-exempt organization that may not be…
READ MORE IRS Provides Interim Guidance for 501(c)(4) Notice Requirement
The IRS has provided interim guidance on potential penalties for 501(c)(4) organizations that fail to timely file Form 8976, which…
READ MORE IRS Sends Erroneous Automatic Revocation Notices
Most tax-exempt organizations have an annual Form 990 filing requirement, and organizations that fail to file the required Form 990…
READ MORE Going Paperless: IRS Requires Online Submission of Form 1023
The IRS announced last week that all Form 1023 applications for tax-exempt status under Section 501(c)(3) must be filed electronically…
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501(c)(6) Refresher: Line of Rulings Clarify Permissible Purposes
The IRS has been releasing a number of adverse determination rulings recently regarding 501(c)(6) organizations. By way of background, a…
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Federal Court Invalidates IRS Procedure that Reduced Donor Disclosure
A federal district court has ruled that the IRS violated federal law when it adopted Revenue Procedure 2018-38, which provides…
READ MORE 501(c)(4) Notification Requirement Finalized, Clarified
The IRS has issued final regulations addressing the requirement that social welfare organizations notify the IRS of their intent to…
READ MORE Summer 2019 Developments for Tax-Exempt Organizations
Summer time has been a fairly busy time in the area of tax-exempt organizations, with the IRS and federal lawmakers…
READ MORE Up In Smoke – No 501(c)(3) Status for Providing Assistance To Needy Medical Marijuana Patients
Last week, the IRS issued a final adverse determination in Private Letter Ruling 201917008 for an organization that has the…
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