EO Tax Journal

1 – The EOTJ Mailbag

4 – IRS Provides General Advice on Public Charity Distributions to Non-(c)(3)s (INFO 2020-0003)

5 – IRS Advises that Subordinates in a Group Ruling Must Still File Form 8976 per Section 506

6 – Miller & Chevalier Ask Treasury and IRS to Expedite Charitable Contributions of Inventory Guidance Project

7 – Rep. Moulton Advocates for Nonprofit Assistance in Letter to Ways and Means Committee Chairman Richard Neal

8 – Easement Deduction Denied Where Not ‘Protected in Perpetuity’ (Hoffman Properties v. Commissioner) Continue…

1 – Quote of the Week

2 – Editor’s Notebook

3 – The EOTJ Mailbag

4 – In the News

5 – The IRS’s EO Update (April 14, 2020)

6 – Deferral of Employment Tax Deposits and Payments through December 31, 2020

7 – Higher Ed Organizations Seek Passage of New Tax Provisions Continue…

1 – Editor’s Notebook

2 – In the News

3 – 2020 CARES Act: FAQs for Nonprofit Organizations and Donors Continue…

1 – Editor’s Notebook

4 – Applicant Providing Health Insurance and Health Care for a Fee to Members Denied (c)(3) Status (Denial 202015035) Continue…

Editor’s Notebook

I noted today that I was uncertain how IRS Notice 2020-23 applies to the 990 series of returns (except for 990-T and 990-PF). I said that I thought Notice 2020-23 provided little IRS filing relief for tax-exempt organizations other than Forms 990-T, 990-PF, and 4720. I then said If anyone can clarify these points for me, please do so.

Almost immediately I started getting clarifications from readers. Most importantly, the IRS informed me that Notice 2020-23 does extend relief for Form 990 series filers since we are to read the Notice in conjunction with Rev. Proc. 2018-58. That’s a little confusing, but how this comes about is explained below by Laura Kenney. Other hat tips go to Ted Batson, Eve Borenstein, Ruth Madrigal, Alex Mitchell, Elinor Ramey, and Frank Smith. Continue…