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The IRS has released final regulations under section 642(c) with regard to the Federal tax consequences of an ordering provision in a trust, a will, or a provision of local law that attempts to determine the tax character of the amounts paid to a charitable... |
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The Treasury has issued final regulations necessary to implement the redesigned Form 990, "Return of Organization Exempt From Income Tax." These final regulations make revisions to the regulations to allow for new threshold amounts for reporting... |
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The Internal Revenue Service has announced issuing final regulations under a law change that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and... |
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In this opinion article, attorney Bruce Givner reviews the legislative history of a portion of the Pension Protection Act of 2006 which requires Treasury to promulgate new regulations on payments required by Nonfunctionally Integrated Type III Supporting Organizations... |
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Treasury has issued extensive proposed regulations regarding the requirements to qualify as a Type III supporting organization that is operated in connection with one or more supported organizations. The regulations reflect changes to the law made by the Pension... |
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The IRS has issued final and temporary regulations relating to the use of actuarial tables in valuing annuities, interests for life or terms of years, and remainder or reversionary interests, and establishes transitional rules for their use. These... |
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The IRS has issued proposed regulations revising the actuarial tables used in valuing annuities, interests for life or terms of years, and remainder or reversionary interests. Simultaneously released temporary regs (T.D. 9448) also provide the text of the proposed regs... |
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Writing on behalf of Deloitte Tax LLP, Laura Peebles has suggested that proposed regulations that would require attaching a complete appraisal with Form 8283 in any year in which an income tax charitable contribution deduction is carried over be removed and that... |
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Writing on behalf of the American Council on Gift Annuities (ACGA) and the National
Committee on Planned Giving (NCPG), New York attorney Conrad Teitell expresses opposition to the proposed Charitable Lead Trust regulation that requires the payments to the charitable... |
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On June 7, 2007, Treasury issued proposed regulations that address the portion of a trust that is includable in a deceased grantor's gross estate under sections 2036 and 2039 in the event the grantor has retained the use of trust property or the right to an annuity or... |
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Treasury has issued proposed regulations that will amend the regulations under section 642(c) to confirm that a provision in a governing instrument of a charitable lead trust or in local law that specifically provides as to the source out of which amounts are to be... |
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Although the IRS last week canceled a public hearing in Washington, D.C. on proposed regulations for the new unrelated business income tax rules applicable to charitable remainder trusts, two firms from the State of Washington have asked for transitional relief in... |
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Treasury has issued proposed regulations that
provide guidance under IRC |
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On November 13, 2007, Treasury issued final regulations that require certain large corporations, S corporations, large exempt organizations, and certain private foundations and section 4947(a)(1) trusts to file their tax returns on magnetic media. Treasury has now... |
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In response to sections 1241 and 1243 of the Pension Protection Act of 2006, the Service has issued notice of proposed rulemaking regarding the payout requirements for Type III supporting organizations that are not functionally integrated, the criteria for determining... |
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The Treasury has issued proposed regulations providing guidance on the portion of a trust properly includible in a grantor's gross estate under IRC sections 2036 and 2039 if the grantor has retained the use of property in a trust or the right to an annuity, unitrust,... |
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The IRS has issued proposed regulations that address the portion of a trust that is includable in a deceased grantor's gross estate under sections 2036 and 2039 in the event the grantor has retained the use of trust property or the right to an annuity or other income... |
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On October 17, 2006, the Treasury and IRS issued proposed regulations that would change the tax treatment of exchanges of property for private annuity contracts. Although the IRS stated that charitable gift annuities would not be affected by the new regulations, Conrad... |
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The IRS has issued proposed regulations that provide guidance on the taxation of the exchange of property for an annuity contract. |
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Janne Gallagher of the Council on Foundations has forwarded a draft of interim guidance on changes relating to the tax treatment of charities under the Pension Protection Act of 2006. |
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Good Intentions Get Swamped: Corporate Donation of Wetlands Stymied By Regulations