Archive for ‘Focus on IRS and Treasury’

EO Tax Journal 2021-15

Paul Streckfus, January 22, 2021 at 5:27 am

1 – In the News

2 Biden Administration Imposes Temporary Freeze on Regulations

3 – The IRS’s Enforcement Budget and Tax Compliance

4 Court Orders Attorney General James’ Lawsuit Against NRA to Continue in Manhattan Court

5 Attorney Employment Opportunity

6 – Applicant Providing Operational Support for Scheduling of Ice Hockey Officials Denied (c)(3) Status (Denial 202101008) Continue…

EO Tax Journal 2021-14

Paul Streckfus, January 21, 2021 at 5:22 am

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…

EO Tax Journal 2021-13

Paul Streckfus, January 20, 2021 at 7:58 am

1 – Editor’s Notebook

2 – In the News

3 – “Nonprofits Helped Organize the Pro-Trump Rally Before the Capitol Siege – But They Probably Won’t Suffer Any Consequences”

4 – Applicant Paying Medical and Care Expenses of Specifically-Named Individual Denied (c)(3) Status (Denial 202101006) Continue…

EO Tax Journal 2021-11

Paul Streckfus, January 18, 2021 at 5:40 am

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…

EO Tax Journal 2021-10

Paul Streckfus, January 15, 2021 at 5:31 am

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…