Archive for April, 2011

EO Tax Journal 2011-72

Paul Streckfus, April 29, 2011 at 11:04 am

Yesterday I attended Day One of the Georgetown program on “Representing & Managing Tax-Exempt Organizations.” TE/GE Commissioner Sarah Hall Ingram led off the conference with an excellent speech. We did hear a word — “soon” — that would be repeated by subsequent government speakers. Soon a revocation list will be posted of those organizations that failed the three-year filing requirement, and soon guidance will be published as to how those revoked organizations can get their exemption back. I suspect the IRS has in mind a streamlined procedure not requiring a full review of each application. Continue…

EO Tax Journal 2011-71

Paul Streckfus, April 27, 2011 at 5:00 pm

As I noted yesterday, today I would be going to the program on “Nonprofit Governance: Critical Risk Management Issues for Boards and CEOs,” sponsored by Georgetown CLE, Independent Sector, and the IRS.

As indicated in the title of the program, it was geared to board members and CEOs, and the attendance list indicated mostly representatives from nonprofit organizations and foundations. As a result, the program was not — and should not have been — geared to sophisticated EO tax practitioners, so I think it is fair to say that most of the tax discussion was pretty basic, so I will only give a very brief summary of the tax portion of the program. Continue…

EO Tax Journal 2011-70

Paul Streckfus, April 26, 2011 at 6:30 am

1 – The EO Event of the Year

2 – ABA EO Committee to Meet in May in Washington

3 – AHA, HFMA, and VHA Critical of ‘Onerous and Redundant’ Schedule H Continue…

EO Tax Journal 2011-69

Paul Streckfus, April 22, 2011 at 6:49 am

1 – Weekend Reading: “Charity in the 21st Century”

2 – House Republicans Seek More Information from AARP

1 – Weekend Reading: “Charity in the 21st Century”

For your weekend reading, I suggest “Charity in the 21st Century: Trending Toward Decay,” by Roger Colinvaux, Associate Professor of Law, Catholic University School of Law, that is in the latest Florida Tax Review. To access the article, go to Continue…

EO Tax Journal 2011-68

Paul Streckfus, April 21, 2011 at 6:17 am

1 – Latest IRS EO Update (2011-7)

2 – Dean Zerbe Featured on Last Night’s CBS News Broadcast

3 – The Attorney General’s Mission & The Public’s Interest Continue…