Archive for December, 2020

EO Tax Journal 2020-243

Paul Streckfus, December 16, 2020 at 5:09 am

1 – In the News

2 – The Philanthropy Roundtable’s Response to Proposal to Impose Restrictions on PFs and DAFs

3 Editor’s Notebook

4 – IRS’s Janine Cook’s Responses to EO Council Questions

5 Applicant Providing Particular Services to Members Denied (c)(6) Status (Denial 202050016) Continue…

EO Tax Journal 2020-242

Paul Streckfus, December 15, 2020 at 5:26 am

1 – In the News

2 – IRS’s Janine Cook on COVID Relief Developments

3 COVID-19-Related Employee Retention Credits: Interaction with Other Credit and Relief Provisions FAQs

4 – IRS Rules Investment Income Earned by Trust Is Excluded from Its Gross Income under Section 115 (PLR 202050003) Continue…

EO Tax Journal 2020-241

Paul Streckfus, December 14, 2020 at 5:14 am

1 – In the News

2 – Editor’s Notebook

3 IRS’s Janine Cook on Sections 4960 and 4968

4 Membership Organization Consisting of Golf Enthusiasts Denied (c)(3) Status (Denial 202050017) Continue…

EO Tax Journal 2020-240

Paul Streckfus, December 11, 2020 at 5:21 am

1 – Editor’s Notebook

2 – IRS Lawyers Review Final Section 512(a)(6) Silo Regs (Part 2)

3 – California Rejects Trump Administration’s Arguments in Amicus Brief Filed in Cases Challenging Required Donor Disclosure to State Charity Officials Continue…

EO Tax Journal 2020-239

Paul Streckfus, December 10, 2020 at 5:27 am

1 Correction

2 Treasury and IRS Issue Final Regulations on the Deduction for Qualified Transportation Fringe and Commuting Expenses (IR-2020-275)

3 IRS Has Begun Sending Letters to Taxpayers that May Need to Take Action Related to Qualified Opportunity Funds (IR-2020-274)

4 – IRS Lawyers Review Final Section 512(a)(6) Silo Regs

5 – Applicant Engaged in Organizing Events for Small Businesses for a Fee to Promote Their Businesses and Sell Their Goods and/or Services Denied (c)(3) Status (Denial 202047010) Continue…