Section 162(e) would not apply to other exempt organizations
, such as country clubs or labor unions.
28, 2005 comments to the IRS, the AICPA recommended delaying electronic filing (e-filing) requirements for large corporations and exempt organizations
Private letter rulings for exempt organizations
and pension plans are issued through the associate chief counsel (employee plans and exempt organizations
The IRS offers an online search tool, Exempt Organizations
Select Check, to help users more easily find key information about the federal tax status and filings of certain tax-exempt organizations
, including whether organizations have had their federal tax exemptions automatically revoked.
These rules are particularly important to be aware of in the context of exempt organizations
investing in partnerships.
The FY 2012 Work Plan for the IRS Exempt Organizations
Division (EO) indicates that EO will be looking at organizations that report ownership of foreign bank accounts to determine whether the organization complies with exempt purpose, documentation, and filing requirements.
Chapters include a general overview, rationales for tax exemption, IRS tests for tax exemption, religious organizations and churches, educational and arts organization, health care organizations, other 503[c](3) exempt organizations
, charitable contributions, 501[c](4)s and their relationship to 501[c](3)s, section 501 [c](6), [c](7), and [c](8) organizations, unrelated business income tax, private foundations, and securing and maintaining tax exempt status.
The revised form will give the IRS and the public a much better view of how exempt organizations
The comments were approved by the AICPA Exempt Organizations
Technical Resource Panel.
In 2009, the IRS must report to the Senate Finance Committee and the House Ways and Means Committee about whether CHOLI arrangements "are consistent with the tax-exempt status of certain applicable exempt organizations
," Coleman writes.
Both deal exclusively with not-for-profit organizations, and although not specifically addressed to social clubs, they contain meaningful discussions of internal controls and the duties of boards of directors of exempt organizations
The entire spectrum of exempt organizations
is in danger of being saddled with new and potentially costly governance reforms this year, according to ASAE President and CEO John H.