EO Tax Journal

Media awash in end of year nonprofit stories, plus AARP responds to its critics.

1 – New York Times Urges Action Against Political (c)(4)s

2 – Forbes Article Challenges Current Tax Treatment of Nonprofits

3 – Bloomberg News Takes a Critical Look at the NRA

4 – AARP Responds to House Republicans Continue…

1 – New York Times’ Op-Ed Focuses on DAFs

2 – IRS Scrutinizing Nonprofit Journalism Startups

3 – ACGA Issues New Rates for Charitable Gift Annuities Continue…

Today I have some recent articles that I think readers will find of interest.

1 – “Fine Line Between Politics and Issues Spending by Secretive 501(c)(4) Groups”

This article lists the five top conservative and liberal 501(c)(4) groups in political spending. I think the IRS should immediately audit all ten groups, and thereby avoid any charges of favoring Democrats or Republicans. The Los Angeles Times, in an editorial (reprinted below), seems to agree with me!

2 – “Catholic Answers’ Lawsuit Against IRS Unlikely to Succeed”

Not everyone agrees with my comments last Thursday that the Supreme Court will grant cert to Catholic Answers. Professor Lloyd Mayer explains why not in this article.

3 – “IRS Plans to Check Some Bond Issues Used by Nonprofits”

Last Tuesday I mentioned in interviewing Laura Kalick that I had heard that the IRS Tax Exempt Bonds Division is going to have a Schedule K compliance program next year, and a few readers said, please provide more details. I’m including an article that does. Continue…

1 – D.C. Bar Going High Tech

2 – Book Review Continue…