IRS Issues Proposed Regulations for Tax|Exempt Organizations ...

IRS Issues Proposed Regulations on Donor-Advised Funds

Background – Under Section 4966 a 20% excise tax is imposed on a sponsoring organization with respect to any taxable distribution from a DAF and ...

IRS Issues Final Regulations on Direct Pay - Troutman Pepper

Explore the key details of the final regulations issued by the Treasury Department and the IRS on elective payment of certain tax credits.

IRS Issues Proposed Regulations Under Code Section 4960

§ 11) (currently 21%) on the amount of remuneration in excess of $1 million and any excess parachute (severance) payment paid by an applicable tax-exempt ...

IRS issues final regulations on new requirements for tax-exempt ...

These final regulations provide guidance on the requirements described in section 501(r), the entities that must meet these requirements, and the reporting ...

IRS Issues Proposed Rules to Curtail Political Nonprofits

The IRS and Treasury Department on Tuesday issued proposed rules that could sharply cut back the amount of political activity that 501(c)(4) social welfare ...

Executive Compensation at Tax-Exempt Organizations Back in the ...

Seyfarth Synopsis: The IRS recently issued proposed regulations providing guidance under Internal Revenue Code (“Code”) Section 4960, ...

Change on the Horizon for Nonprofits with Group Tax Exemptions

The proposed revenue procedure adds new requirements for central and subordinate organizations seeking to obtain and maintain group exemption letters.

IRS and Treasury Issue Proposed Regulations Providing Initial ...

[5] In response to significant comments from taxpayers, the Proposed Regulations clarify that applicable tax-exempt entities that can receive ...

IRS Issues Direct Pay and Transferability Proposed Regulations

The Proposed Regulations provide that the election must be on the “annual tax return” filed not later than the due date (including extensions of ...

IRS Issues Proposed Regulations on Donor Advised Funds - PBMares

Excise Taxes and Taxable Distributions ... The proposed regulations broaden the scope of liability for sponsoring organizations and fund managers ...

IRS Issues Proposed Regulations on How to "Silo" Unrelated ...

The IRS has issued proposed regulations on how a tax-exempt organization with unrelated business taxable income (UBTI) determines whether it ...

Treasury Department and IRS Issue Final Regulations and Other ...

Certain entities filing tax returns for the first time solely to make direct pay elections are afforded flexibility to adopt their fiscal ...

IRS Issues Final Regulations on UBTI Silos - CapinCrouse LLP

The final regulations provide guidance on how an exempt organization determines if it has more than one unrelated trade or business and, if so, how the ...

Treasury and IRS Issue Proposed Regulations Regarding ... - Steptoe

Today, the IRS and Treasury Department issued proposed regulations regarding the prohibition on certain contributions to Type I and Type III ...

IRS tax exempt and government entities compliance priorities - PwC

The IRS Tax-Exempt and Government Division (TE/GE) also released its FY24 program letter and updated its compliance program and priorities web page on IRS.gov.

IRS Issues Final Regulations on the Excise Tax Imposed on ...

is exempt from taxation under Section 501(a), · is a farmers' cooperative organization as described in Section 521(b)(1), · has income that is ...

IRS Issues Final Regulations on Nonprofit Donor Disclosure ...

Stated generally, section 6033 requires organizations exempt from taxation under section 501(a) (including section 527 political organizations) ...

IRS Issues Proposed Regulations on Direct Pay | Troutman Pepper

The “trade or business” rule allows tax-exempt and government entities to take advantage of applicable credits outside of the unrelated ...

Elective pay and transferability frequently asked questions - IRS

The final regulations provide that any organization described in sections 501 through 530 that meets the requirements to be recognized as exempt from tax under ...

Improvements Possible in Public, IRS, and State Oversight of Charities

IRS does not proactively share some data that states are permitted to receive, such as denials and revocations of charities' tax-exempt status. Federal law ...