EO Tax Journal

1 – Editor’s Notebook

2 – In the News

3 – Latest Call for Charity Reform

4 – Senator Whitehouse Wants IRS investigation of Turning Point USA for Hosting ‘Superspreader’ Events

5 – IRS Rules Association’s Income Is Excludable from Gross Income under Section 115(1) (PLR 202102003)

6 – Extension of Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Coronavirus Disease 2019 Pandemic (Notice 2021-10) Continue…

1 – Editor’s Notebook

2 – The EOTJ Mailbag

3 – New York’s AG: NRA’s Financial Status Finally Matches Moral Status: Bankrupt

4 – Senator Wyden Urges IRS to Investigate EOs Involved in Capitol Insurrection

5 – IRS Rules Foundation’s Proposed Receipt from Donors or Donors’ Estate of Nonvoting Units in LLC or Distributions from LLC Will Not Constitute an Act of Direct or Indirect Self-Dealing under Section 4941 and Will Not Subject Foundation to Section 4943 (PLR 202101002) Continue…

1 – Editor’s Notebook

2 – In the News

3 – Ways and Means Democrats Call on Treasury to Update Guidance Warning Tax-Exempt Organizations About Engaging in Insurrection Activities

4 – ABA’s EO Committee to Meet Virtually on January 28

5 – Summary of Final Section 4960 Regulations on Exempt Organization Excess Compensation Excise Tax

6 – Analysis of Final Section 4960 Regulations on Excise Tax for Excess Remuneration and Excess Parachute Payment Continue…

1 – Legislative Update

2 – Editor’s Notebook

3 – IRSAC Selects New Members

4 – Excerpt from the National Taxpayer Advocate’s 2020 Annual Report to Congress

5 – National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Impact of COVID-19 and IRS Funding Needs (IR-2021-11) Continue…

1 – Grassley: America Must Be Better Than This

2 – The EOTJ Mailbag

3 – Editor’s Notebook

4 – Upcoming EO Programs

5 – Georgetown Law Class on Exempt Organizations Open to EO Practitioners at No Charge

6 – Eligible Paycheck Protection Program Expenses Now Deductible

7 – AG Racine Sues Public Media Lab and Manifold Productions for Funneling Over $4 Million in Nonprofit Funds to Michael Pack

8 – Applicant Providing Fee-Paying Members with Airline Tickets Denied (c)(3) Status (Denial 202052022) Continue…