Archive for ‘Focus on Congress’

EO Tax Journal 2020-74

Paul Streckfus, April 16, 2020 at 5:46 am

1 – The EOTJ Mailbag

2 – Editor’s Notebook

3 – In the News

4 – IRS Provides General Advice on Public Charity Distributions to Non-(c)(3)s (INFO 2020-0003)

5 – IRS Advises that Subordinates in a Group Ruling Must Still File Form 8976 per Section 506


6 Miller & Chevalier Ask Treasury and IRS to Expedite Charitable Contributions of Inventory Guidance Project

7 – Rep. Moulton Advocates for Nonprofit Assistance in Letter to Ways and Means Committee Chairman Richard Neal

8 – Easement Deduction Denied Where Not ‘Protected in Perpetuity’ (Hoffman Properties v. Commissioner) Continue…

EO Tax Journal 2020-67

Paul Streckfus, April 7, 2020 at 4:54 am

1 – Editor’s Notebook

2 – In the News

3 Independent Sector Calls on Financial Organizations to Prioritize Nonprofits as Loan Recipients Under CARES Act

4 – U.S. Small Business Administration Releases Faith-Based Organizations FAQ re PPP and EIDL Continue…

EO Tax Journal 2020-66

Paul Streckfus, April 6, 2020 at 5:24 am

1 – Editor’s Notebook

2 – In the News

3 Churches Are Eligible for the Paycheck Protection Program

4 Health Groups Seek Automatic Extension of Six Months for Filing Forms 990, 990-T, and 4720 by Hospitals

5 College Recommends that Proposed Section 4968 Regulations Be Revised to Provide that the Tax Only Applies to an ‘Eligible Educational Institution’

6 Applicant Organized to Dispense Medical Cannabis to Legally Qualified Patients Denied (c)(3) Status (Denial 202014019) Continue…

EO Tax Journal 2020-60

Paul Streckfus, March 27, 2020 at 5:37 am

1 – Clarification Provided

2 – The EOTJ Mailbag

3 – Initial Analysis of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (S. 748)

4 Senator Lankford Announces Overwhelming Support from Nonprofits on Amendment to Increase Charitable Giving Deduction

5 – Company Foundations and Coronavirus Response

6 – Private Foundations – Using Program-Related Investments to Help Fight COVID-19

7 – Recent Report Focuses on Hate-Funding in Philanthropy

8 – Innovia Foundation Changing Policy Amid Reports that It Directed Money to White Nationalist Group Continue…

EO Tax Journal 2020-59

Paul Streckfus, March 26, 2020 at 5:26 am

1 – Latest Update on Phase 3 Coronavirus Legislation

2 – Current & Quotable

3 – The EOTJ Mailbag

4 – Editor’s Notebook

5 – IRS Provides Information on Relief from Tax Deadlines (Notice 2020-18)

6 – IRS Releases FAQ on Filing and Payment Deadlines

7 Specific Guidance for Corporate-Sponsored Charities Sought Continue…