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The Internal Revenue Service is getting set to unveil its proposed regulations for the reporting of unrelated business income for tax-exempt organizations.February 24
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The American Institute of CPAs has asked the Internal Revenue Service for more guidance on a provision of the Tax Cuts and Jobs Act that imposes a 21 percent excise tax on tax-exempt organizations that pay over $1 million in compensation, or so-called “excess parachute payments,” to top executives.February 20
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The Internal Revenue Service announced that it is going to let charities and nonprofits electronically apply for tax-exempt status with a newly revised Form 1023, starting later this month.January 31
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Several recent tax law changes promise to help religious groups, houses of worship, charities, private foundations, utilities and other tax-exempt organizations, according to the Internal Revenue Service.January 30
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Many dark money groups that raise funds for political and social causes and don’t pay taxes aren’t notifying the Internal Revenue Service of their intent to operate as tax-exempt organizations under section 501(c)4 of the Tax Code and haven’t been penalized, according to a new report.January 9
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The Internal Revenue Service could make better use of its data to ferret out abusive tax schemes involving charities and other tax-exempt groups, including syndicated conservation easements, according to a new report.October 7
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A review of the financial records of the National Rifle Association of America shows that the affiliate transferred nearly three times as much last year as in the past.September 20
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Tax-exempt organizations, including many political groups, will be able to avoid disclosing the names of their contributors, despite a recent court decision.September 6
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A federal judge in Montana overturned an Internal Revenue Service rule that would allow many political nonprofit groups to keep their donor lists private.July 31
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The Tax Court has held that the generous tips and gifts that a Catholic evangelist considered to be part of his efforts to spread the gospel were not deductible charitable contributions.June 5
