Archive for May, 2020

EO Tax Journal 2020-104

Paul Streckfus, May 29, 2020 at 5:34 am

1 – Editor’s Notebook

2 – IRS and State AG Audits of Charities and Nonprofits

3 Filing Relief for Form 990-N and Certain Declaratory Judgment Actions (Notice 2020-35) Continue…

EO Tax Journal 2020-103

Paul Streckfus, May 28, 2020 at 5:30 am

1 – Editor’s Notebook

2 In the News

3 – Updated FAQs on Employee Retention Credit and PPP Repayments

4 Homeowners’ Association Maintaining Common Areas Denied (c)(3) Status (Denial 202015026)

5 Condominium Association Denied (c)(4) Status, Based on Rev. Rul. 74-17 (Denial 202015028)

6 Condominium Association for a Medical Office Building Denied (c)(4) Status (Denial 202021024) Continue…

EO Tax Journal 2020-102

Paul Streckfus, May 27, 2020 at 5:23 am

1 – Editor’s Notebook

2 Treasury, IRS Issue Final Regulations Providing Relief for Certain Tax-Exempt Organizations (IR-2020-103)

3 – Text of Final Schedule B Regulations Continue…

EO Tax Journal 2020-101

Paul Streckfus, May 26, 2020 at 6:00 am

1 – Editor’s Notebook

2 – In the News

3 – Former Taxpayer Advocate Nina Olson Addressed Continuing Problems with the Form 1023-EZ

4 Trustee’s Distribution of Remaining Trust Principal to Remainder Beneficiaries Will Not Constitute an Act of Self-Dealing under Section 4941 (PLR 202021001) Continue…

EO Tax Journal 2020-100

Paul Streckfus, May 22, 2020 at 5:37 am

1 – Memorial Day 2020

2 – Andy Keyso Named Chief of IRS Independent Office of Appeals

3 – More on Controversial PLR 202005020

4 – Section 501(c)(6) Organization Conducting Competitions Among Mechanics Denied 501(c)(3) Status (Denial 202017035) Continue…