|
|
The IRS is providing one-time relief to allow small tax-exempt organizations to come back into compliance and retain their tax-exempt status even though they failed to file for three consecutive years. A complete explanation of the types of organizations that... |
|
|
|
The Internal Revenue Service has announced the release of proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number (PTIN). The IRS is working to finalize the proposed regulations, which are the first of a... |
|
|
|
The IRS has replied to an inquiry regarding the tax deductibility of charitable contributions made via credit card. Such contributions are deductible in the year made regardless of when the donor subsequently repays the creditor. Substantiation requirements apply.... |
|
|
|
The IRS has released Exempt Organization Update. In this issue the IRS requests comments on the new requirements imposed on tax-exempt hospitals under the Affordable Care Act; announces the TEGI Advisory Committee will make recommendations at its June meeting; and... |
|
|
|
The Internal Revenue Service today released an interim report summarizing responses to compliance questionnaires sent to 400 public and private colleges and universities in October 2008. The IRS has opened examinations of more than 30 organizations that were selected... |
|
|
|
The Internal Revenue Service has issued its annual "dirty dozen" list of tax scams for 2010. Includes are abuses of charitable organizations and deductions. |
|
|
|
The Internal Revenue Service today issued guidance designating the earthquake that occurred in Chile in February 2010 as a qualified disaster for federal tax purposes. The guidance allows individuals who receive qualified disaster relief payments from any person to... |
|
|
|
Taxpayers wishing to claim their Haiti relief donations on the tax return they are filling out this season must make those donations by the end of this month, according to the Internal Revenue Service. |
|
|
|
Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following... |
|
|
|
In response to an information request from Rep. Kay Granger (R-Texas), the IRS discusses the tax consequences to a donor who receives a repayment of a charitable gift that he or she made in an earlier taxable year plus interest on the repayment.. |
|
|
|
The IRS has announced its annual "Dirty Dozen" list of tax scams for 2009. And yes, abuse of charities and charitable deductions again made the list. |
|
|
|
The Internal Revenue Service and the Treasury Department have issued new regulations that will streamline the approval process for organizations seeking tax-exempt status as publicly supported charities. |
|
|
|
The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable,... |
|
|
|
The Service is reminding small tax-exempt organizations whose tax year ended on December 31, 2007 that the first e-Postcards are due by May 15, 2008. For organizations with a tax year that ends after December 31, 2007, the e-Postcard is due by the 15th day of the 5th... |
|
|
|
The Internal Revenue Service recently released for public comment the draft instructions to the 2008 Form 990, which is the return most tax-exempt organizations must file annually. The IRS seeks public comment on the draft instructions to ensure that the final... |
|
|
|
The Internal Revenue Service has announced the launch of a simple online filing system that small tax-exempt organizations can use to comply with a new law requiring them to file an annual return. It has also launched a disclosure website where the public can view a... |
|
|
|
The IRS has announced the release of a redesigned Form 990, Return of Organization Exempt from Income Tax, the form that most public charities and other tax-exempt organizations are required to file annually. The 2008 Form 990 and background materials about the Form... |
|
|
|
Following Wednesday's 352 to 64 House vote to pass the Senate amended Alternative Minimum Tax patch without offsetting tax increases, the IRS has announced it will immediately begin the final reprogramming steps for its income-tax processing systems to prepare for the... |
|
|
|
The Internal Revenue Service has reminded section 501(c)(3) organizations, including charities and churches, that federal law prohibits them from becoming directly or indirectly involved in campaigns of political candidates and has provided references to resources... |
|
|
|
The Internal Revenue Service on November 2 warned taxpayers to be on the lookout for a new e-mail scam that appears to be a solicitation from the IRS and the U.S. government for charitable contributions to victims of the recent Southern California wildfires. The scheme... |
|
Recent activity
Online Tool to Check Charitable Organizations
IRS Updates Dirty Dozen List of Tax Scams
IRS Rules on Repayment of Charitable Gift
IRS Streamlines Application Process for New Tax-Exempt Organizations
IRS Increases Mileage Rates through Dec. 31, 2008
E-Postcard Filing Now Available on IRS.gov for Small Tax-Exempt Orgs
House Passes AMT Patch Without Offsets; IRS Working to Implement
IRS Reminds Donors of Recent Tax Law Changes
IRS Announces Expedited Approval Process for New Charities in Light of Hurricane
IRS Issues Scam Alert, Updates 'Dirty Dozen' List
IRS Issues Publications for Charities and Individuals on Automobile Donations