EO Tax Journal

1 - Editor’s Notebook

2 – Corporate Media Have Few Apologies for Getting IRS Scandal Backwards

3 – Lesson from Tax Court: The Downside of Easy Tax Exemption Approval

4 – Tax Court Holds Interest Runs from Date of Revocation (Creditguard of America v. Comm’r) Continue…

1 - Editor’s Notebook

2 – Remedies and the Parsonage Allowance

3 - Universal Charitable Giving Act of 2017 (H.R. 3988) Introduced by Rep. Mark Walker, R-N.C., on October 4, 2017

A – Independent Sector Statement on the Universal Charitable Giving Act

B – National Council of Nonprofits Statement on the Universal Charitable Giving Act

4 – Agreement with Developer, Whereby Initial Fees and Expenses Are Borne by Developer, To Be Later Paid or Reimbursed by Foundation, and Whereby a Success Fee May Be Payable upon Completion of the Rezoning Process, Will Not Give Rise to Section 514(c) Acquisition Indebtedness, Nor Will Receipt of Lease Proceeds from the Property Be Includible in Foundation’s Unrelated Business Taxable Income under Section 512(a) (PLR 201740002) Continue…

1 - Editor’s Notebook

2 - In the News

3 – Becket Lawyers Promise Appeal to Seventh Circuit in Freedom from Religion Case

4 – Keep Johnson Amendment, Say 92 House Democrats

5 – Intermediaries: The EO “Swiss Army Knife” (Part 2) Continue…

1 – Editor’s Notebook

2 – District Court Holds Section 107(2) Minister Rental Allowance Violates First Amendment (Freedom from Religion Foundation v. U.S.) Continue…

1 - Editor’s Notebook

2 – Some Charity Hospitals Avoid the Tax Man While Ignoring the Needy

3 – District Court Concludes that University of Utah’s Medical Residents Are Not Students and Therefore the Medical Residents Are Subject to FICA Taxation (University of Utah v. United States) Continue…