It looks like the IRA charitable rollover may be permanently extended, if a deal between House and Senate negotiators announced…
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IRS Developments
Requirement for New Form 1023 Eliminated in Some Reorganization Circumstances
In the world of nonprofits, it’s not unusual to start with one entity form and want to change to another…
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Fiscal Sponsorship: Many Organizations Still Finding Much Value in Umbrella Structure
We wrote our last post on fiscal sponsorship in early 2013, when the IRS was in the midst of a…
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Legal Developments Affecting Charitable Organizations and 990 Reporting
Becky Seidel presented on legal developments affecting charitable organizations and Form 990 reporting at the 2013 Rocky Mountain Area Conference…
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Exempt Organizations Priority List Highlights Implementation of Form 1023-EZ
The IRS recently released its 2014-2015 Priority Guidance Plan, which contains 317 projects the IRS intends to work on during…
READ MORE Subcommittee Report: Majority Finds No Bias in IRS Review of 501(c)(4) Applications
The Senate Permanent Subcommittee on Investigations has released a report summarizing the Subcommittee’s bipartisan investigation into issues with how the…
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Organizations See Welcome IRS Movement on Applications for Exempt Status
We blogged last month about the new Form 1023-EZ, a short-form application for recognition of 501(c)(3) status that certain smaller…
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Taxpayer Advocate Raises Concerns About Increasing FAQ Use by IRS
National Taxpayer Advocate Nina Olson spoke critically at a recent accounting conference about the increased use of FAQs and other…
READ MORE Short-Form 1023-EZ Is a Go!
The IRS has released a final Form 1023-EZ, along with instructions and a revenue procedure covering the form. The effort…
READ MORE Final Circular 230 Rules: Say Goodbye to Ubiquitous Disclaimer!
The IRS has finalized the new Circular 230 regulations pertaining to written tax opinions. In a nutshell, the regulations eliminate…
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