Tax exemptions

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.