The IRS has expanded its guidance on exempt organizations’ calculation of unrelated business taxable income (UBTI), and the ability to…
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IRS Developments
Proposed Excess Compensation Rules Address Related Organization Concerns
The IRS has released proposed regulations that are intended to provide comprehensive guidance on Section 4960 of the Internal Revenue…
READ MORE Coronavirus Impacts the IRS and Tax Filings
We at Schauble Law Group understand that everyone has been inundated with coronavirus updates, and we do not wish to…
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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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 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…
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IRS Eases Up on Corporate Restructurings and Requiring New Exemption Applications
The IRS has eased its requirements around new 1023 and 1024 applications—which is good news for organizations that change certain…
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Happy Filing! Updates to Form 990 for 2018
It’s not spring yet, but it’s never too soon for tax-exempt organizations to start thinking about Form 990 filing. This…
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IRS Provides Guidance, Some Relief on Transportation Tax Issue
The IRS has issued some guidance that eases the impact of the new 21 percent tax on transportation fringe benefits…
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‘Tis The Season of Giving, and IRS Gives Guidance on Charitable Deduction Substantiation
The holiday season is upon us again, and it’s time for our annual reminder about the rules governing deductibility of…
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