Archive for May, 2010
EO Tax Journal 2010-73
1 – More on “Oh, never mind”
Sparkle Plenty had this reaction to Commissioner Shulman’s statement that was reprinted here on Wednesday:
“Emily Litella, wow! I had the same thought … but minus theSNL reference. So: has the Commissioner decided that they will ‘find’ some authority by which his agency can accept LATE filings or is he going to wave a wand so that 990-N 2009 filings will now be subject to an automatic-automatic extension (automatic in that you don’t have to file and automatic in that they are all granted)? Since that would usurp Congress’ authority (wow, Bush and Cheney are back!), perhaps he (a Democrat) is just assuming that Congress will come late to the party and retroactively change the rules. Wow again.”
EO Tax Journal 2010-72
1 – “Oh, never mind” – Emily Litella
The following notice was posted by the IRS yesterday:
Statement of IRS Commissioner Doug Shulman on the Filing Deadline for Small Charities
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EO Tax Journal 2010-71
1 – More on ACT Committee
2 – Intermediate Sanctions Update (Remarks of Doug Mancino and Marc Owens)
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EO Tax Journal 2010-70
ACT Committee
The IRS announced yesterday (IR-2010-61) the selection of two new EO members of the Advisory Committee on Tax Exempt and Government Entities (ACT): Karen A. Gries of LarsonAllen LLP, Minneapolis, Minnesota, and Celia Roady of Morgan Lewis & Bockius, LLP, Washington, D.C.
EO Tax Journal 2010-69
Yesterday I had critiques and comments from retired IRSers Bill Brockner and Conrad Rosenberg, who have almost 80 years of EO experience. Today another former IRSer, Milt Cerny, joins the fray. If you add Milt’s and my experience, we now have 160 years of EO experience focusing on a fraternity’s scholarships as described in Denial 201017067, which was printed out in Email Update 2010-66 (5/6/10).
Here’s what Milt has to say:
“I read with interest the comments that you, Connie and Bill made on the denial in 201017067 regarding the awarding of fraternity scholarships. I think the fraternity has a better argument than the IRS that the granting of these scholarships comes within Rev. Rul. 56-403, which has been the IRS position regarding fraternity scholarships at the national or local level as long as they are granted on an objective and nondiscriminatory basis and as long as the class is open and not limited to pre-selected individuals. I do not see the relevance of the Beta of Clovia case to this question or the other precedents cited for serving private interests.”