The Tax Court held that a taxpayer who was the CEO and a member of the board of directors of a tax-exempt organization
engaged in excess benefit transactions that were not corrected within the required period.
514 to the extent that (1) the tax-exempt organization
's ownership interest in the alternative investment is purchased with debt financing, or (2) the activity conducted by--or any investment made by--the alternative investment generating the income is debt-financed.
Mann is Chair of the Tax Exempt Organizations Group in the firm of Carter, Ledyard & Milburn, LLP, with a practice concentrated in the representation of tax-exempt organization
. She is counsel to numerous public charities and private foundations and advises clients in a wide range of governance, regulatory, tax, and general corporate matters.
In addition, the Compendium includes papers on statistical sampling of tax-exempt organization
returns, and other topics relating to tax-exempt organizations
and philanthropy that were authored by IRS staff and others who use SOI study data for research.
You sit on the board of directors for a tax-exempt organization
that provides a community theater to the neighborhood.
A tax-exempt organization
that fails to file the e-postcard for three consecutive years loses its tax-exempt status and may be liable for the $800 minimum franchise tax.
He explains the reasons for audits of such organizations and the basic process, the organization of the IRS, procedures to use in managing a tax-exempt organization
ITS audit, IRS compliance check projects, tax-exempt organization
examination procedures and procedures related specifically to churches, and examination issues specific to tax-exempt organization
audits, such as fundraising and audits.
An "applicable insurance contract" is a life insurance, annuity or endowment contract in which a tax-exempt organization
and some other person both have an interest.
Founded in 1968, NCLR is a private, nonprofit, nonpartisan, tax-exempt organization
headquartered in Washington, D.C." What is not seen in this official description is the powerful underpinnings that make this organization such a brute political force, as it works side by side with both major political parties and America's richest corporations.
OPM does not screen CFC charities for federal tax problems or independently validate with the IRS whether the charity is truly a tax-exempt organization
. Federal law prevents OPM from accessing taxpayer information required to screen for tax delinquency.
Editor's Note: The Progressive is a 501 (c)(3) tax-exempt organization
. We don't endorse candidates.
A VEBA is a tax-exempt organization
, as described under IRC Section 501 (c)(9), and would receive a tax exemption letter from the IRS.