Tax exemptions

A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.

The IRS issued a revised version allowing nonprofits and charitable trusts to file requests for miscellaneous determinations electronically.

The Florida governor waded into the debate over gas stoves and government regulation.

A combination of direct government funding and tax breaks for nonprofit news organizations could help support public interest journalism.

The Internal Revenue Service's Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to a new report.

The most important quality of the so-called 501(c)(4) organization boils down to one word: control.

The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.

Yvon Chouinard described his decision to give away the outdoor apparel-maker as his last-ditch effort to do all he could to protect the planet, but the deal is structured in ways that bring his family tax perks.

The information came from the Form 990-T, the business tax returns filed by tax-exempt organizations.

The Internal Revenue Service is coming under fire in Congress again, this time for lax oversight of fraudulent charities that applied for tax-exempt status and received approval.

The move would eliminate the company’s access to cheaper tax-exempt financing through the special district.

Rep. Bill Pascrell is looking at coach compensation information to see if their large salaries run afoul of the schools’ tax-exempt status.

A new bill would end the tax-exempt status for new sales of municipal bonds that finance professional sports stadiums.

Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.

A bipartisan bill would strip the International Olympics Committee of its tax exemption.

A senior Democrat is expanding his inquiry into whether some college football coaches' compensation packages run afoul of laws for tax-exempt organizations.

The service has revised Form 1024 to permit electronic filing and is beginning to require applications for tax-exempt status to be e-filed.

The Internal Revenue Service will now provide publicly available information on tax-exempt organizations only through its TEOS search engine starting Dec. 31, 2021, and no longer through Amazon Web Services.

The Internal Revenue Service is asking more charities and tax-exempt organizations to file their information returns electronically as required by the Taxpayer First Act of 2019, but its aging systems are experiencing delays that are frustrating tax professionals.

Starting advisory services; those who do also teach; the IRS is hiring; and other highlights from our favorite tax bloggers.