Compliance

Bulk operations
Rated

Current law permitts the filing of Form 990 by paper or electronic means. In this article, Dennis Walsh, CPA makes the argument for requiring that e-filing of Form 990 be made mandatory.

0

The Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. The IRS believes the vast...

0
24 May 2011 | Compliance | National Publication | News story

The IRS has issued e-mail advice that a taxpayer who makes a charity gift and fails to obtain a contemporaneous written acknowledgment from the charitable donee cannot claim an income tax charitable deduction even if the donee subsequently files an...

0
24 May 2011 | Compliance | National Publication | News story

The IRS has revoked the exempt status under section 501(c)(3) organization based on the facts the organization failed to produce documents to establish it was operated exclusively for exempt purposes and that no part of its net earnings inured to the benefit of...

0
19 Feb 2010 | Compliance | National Publication | News story | 1 comments
According to a Live Discussion hosted by the Chronicle on Philanthropy, "Now that charities are required to fill out a new version of the Form 990 -- the informational tax return that organizations file each year with the Internal Revenue Service -- some...
5
26 Mar 2009 | Compliance | National Publication | Article | 7 comments
When New York real estate magnate Leona Helmsley died in 2007, she made it clear the majority of her estimated $5 billion estate was to be used for the care and support of dogs via the Helmsley Foundation. However, a New York Surrogate
1
22 Jan 2007 | Compliance | National Publication | News story
The IRS has stated informally that Form 5227 for the 2006 tax year will not be released until the first week of February at the earliest. Trustees may desire to notify trust income beneficiaries of the delay.
0
As some of the popular news programs report, it's only 1,430 days until the next presidential election! With that in mind, in this special report from Tax Analysts, Alan L. Kennard of the St. Louis office of Husch...
0
25 Nov 2003 | Compliance | National Publication | Article

The American Competitiveness and Corporate Accountability Act of 2002, commonly known as the Sarbanes-Oxley Act, was signed into law in response to the corporate and accounting scandals of Enron, Arthur Andersen, and others. The law's purpose is to rebuild public...

4
10 Jun 2003 | Compliance | National Publication | News story
At an April 25 conference, former IRS Exempt Organizations Director Marcus Owens and the IRS's Lawrence Brauer discussed how the IRS is using intermediate sanctions under section 4958 to combat excess benefit transactions involving tax-exempt organizations. The...
0

Do you have a gift acceptance policy? Most nonprofit organizations do not have such a policy adopted until after the fundraising program is in place. This article by Kathryn W. Miree, Esq. will give the reader a greater understanding of the purpose of, as well as...

4.444445

The federal government and many states have rules regarding charitable solicitation, filings, registration and other things that charities and charitable gift planners must comply with to ensure lawful operation. Last week, we published Part I of this article, which...

0
28 Jul 2000 | Compliance | National Publication | Article
The federal government and many states have rules regarding charitable solicitation, filings, registration and other things that charities and charitable gift planners must comply with to ensure lawful operation. Sorting these rules out can sometimes be difficult,...
0
14 Jul 1999 | Compliance | National Publication | Article

In this week's edition of Gift Planner's Digest, Denver attorney and CPA, Ken Ransford examines the effect that unrelated business income has on charitable organizations and split-interest gift planning vehicles. "When Paying Taxes Is Better Than The Alternative"...

0
19 May 1999 | Compliance | National Publication | Article

Have you ever attended a charity auction only to have the well- meaning auctioneer rally the audience by saying, "Come on everybody, it's deductible!" According to Ronnie C. McClure, Ph.D., CPA, this week's contributing author to Gift Planner's Digest, donors,...

0
18 Mar 1999 | Compliance | National Publication | Article
A Professional And Individual Decision

Choosing a trustee for a planned gift continues to be an increasingly complicated matter. In this edition of Gift Planner's Digest, Elizabeth L. Mathieu, Esq., President of Neuberger Berman Trust Company discusses six elements of selecting a trustee for planned gift...

0
Syndicate content
7520 Rates: Nov 2.2% Oct 2.2% Sep 2.2%

Already a member?

Learn, Share, Gain Insight, Connect, Advance

Join Today For Free!

Join the PGDC community and…

  • Learn through thousands of pages of content, newsletters and forums
  • Share by commenting on and rating content, answering questions in the forums, and writing
  • Gain insight into other disciplines in the field
  • Connect – Interact – Grow
  • Opt-in to Include your profile in our searchable national directory. By default, your identity is protected

…Market yourself to a growing industry

 

Recent activity

Heard on the Web: Make Sure Your Board Complies With the New Form 990

A "Troublesome" Choice for the Helmsley Foundation?

Understanding And Drafting Nonprofit Gift Acceptance Policies