Archive for May, 2017

EO Tax Journal 2017-96

Paul Streckfus, May 16, 2017 at 4:47 am

1 – The EOTJ Mailbag

2 – DC Bar EO Program Tomorrow

3 – My Favorite (c)(3) Organization

4 Foundation’s Proposed Grant to Intermediary Will Constitute a Qualifying Distribution under Sections 4942(g)(1) and (3), But Intermediary’s Proposed Transfers of Waste to LLC Made Possible by Intermediary’s Use of the Proposed Grant Proceeds, Will Result in Indirect Acts of Self-Dealing under Section 4941 (PLR 201719004) Continue…

EO Tax Journal 2017-95

Paul Streckfus, May 15, 2017 at 4:50 am

1 - EO Committee Met in Washington Last Friday

2 - Editor’s Notebook

3 – IRS Execs: Our Lives at Risk in Tea Party Case

4 - Appeals Changes Noted at ABA Tax Section Meeting

5 – Providing Pet Visitation as Therapy to Hospitalized Individuals Is in Furtherance of Organization’s Exempt Purposes under § 501(c)(3) (PLR 201719018) Continue…

EO Tax Journal 2017-94

Paul Streckfus, May 12, 2017 at 4:28 am

1 – EO Committee to Meet Today in Washington

2 – Materials for “’Destroying’ the Johnson Amendment and the Future of 501(c)(3) Politicking”

3 – Materials for “The Current Climate for Nonprofit Enforcement”

4 – Materials for “Fostering Entrepreneurship and Innovation”

A – Bridging the Idea to Impact Gap: Incubators, Accelerators and Beyond

B – The Nature Conservancy: Investing in Conservation

C – Social Impact Bonds and Other Nonprofit/For-Profit Collaborations to Foster Innovation: Notes on Private Benefit Issues Continue…

EO Tax Journal 2017-93

Paul Streckfus, May 11, 2017 at 4:15 am

1 - Editor’s Notebook

2 – Written Materials for News from the IRS and Treasury

3 – Written Materials for News from Capitol Hill

4 – Two New EO Issue Snapshots Posted on irs.gov

A – IRC Section 4943 – Taxes on Excess Business Holdings

B – Deductibility of Contributions From Gaming Proceeds as Section 162 Business Expenses for Calculation of Unrelated Business Taxable Income by an Exempt Organization Continue…

EO Tax Journal 2017-92

Paul Streckfus, May 10, 2017 at 4:13 am

1 - The EOTJ Mailbag

2 – Trump’s Executive Order Addresses a Nonexistent Issue

3 – As Surfrider Foundation Heads to Capitol Hill, CRC Calls on IRS to Investigate Group’s Tax-Exempt Status

4 – Income of Organization Facilitating the Effective Reclamation, Revitalization, and Return to Economic Productivity of Abandoned or Foreclosed Real Estate Excludible from Gross Income under Section 115(1) and Contributions to It Deductible under Section 170 (PLR 201718001) Continue…