EO Tax Journal

1 – Editor’s Notebook

2 – In the News

3 – Proposed Regulations Would Tax More Than Just College and University Endowments

4 – Applicant Denied (c)(3) Status Based on Being an ‘Action’ Organization under Section 1.501(c)(3)-1(c)(3) (Denial 201932017) Continue…

1 – Editor’s Notebook

2 – Applicant Denied (c)(6) Status Based on Focus on Members’ Businesses, Not Common Business Interests (Denial 201931009)

3 – Applicant Denied (c)(6) Status Based on Particular Services to Members, Not Improvement of General Business Conditions (Denial 201931013) Continue…

1 – The EOTJ Mailbag

2 – Editor’s Notebook

3 – The Darkest Money in Washington: Business Groups Spend More on Advocacy and Consulting than Lobbying

4 – Applicant Fails to Show that It Qualifies for (c)(3) Status (Denial 201931011) Continue…

1 – Editor’s Notebook

2 – ABA’s EO Committee to Meet October 4 in San Francisco

3 – IRS Rules Trust Is Exercising an Essential Governmental Function, with Its Income Accruing to a State, and Hence Trust’s Income is Excludable from Gross Income under Section 115 (PLR 201930004)

4 – IRS Rules on Eligible Deferred Compensation Plan as Defined in Section 457(b) (PLR 201930009) Continue…

1 – Editor’s Notebook

2 – Federal Court Sides with New Jersey, Montana in Challenge to IRS’s Decision to Eliminate ‘Dark Money’ Donor Reporting Requirement

3 – Court Holds Rev. Proc. 2018-38 Unlawful; IRS Must Follow Proper Notice-and-Comment Procedures

4 – IRS Rules that Termination of Charitable Lead Annuity Trust Will Not Result in Imposition of Section 507(c) Termination Tax (PLR201930017) Continue…