Archive for ‘Focus on Congress’
EO Tax Journal 2020-74
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
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
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
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
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…