EO Tax Journal 2021-11

Paul Streckfus, January 18, 2021 at 5:40 am

1 – Editor’s Notebook

2 – The EOTJ Mailbag

3 New York’s AG: NRA’s Financial Status Finally Matches Moral Status: Bankrupt

4 – Senator Wyden Urges IRS to Investigate EOs Involved in Capitol Insurrection

5 – IRS Rules Foundation’s Proposed Receipt from Donors or Donors’ Estate of Nonvoting Units in LLC or Distributions from LLC Will Not Constitute an Act of Direct or Indirect Self-Dealing under Section 4941 and Will Not Subject Foundation to Section 4943 (PLR 202101002) Continue…

EO Tax Journal 2021-10

Paul Streckfus, January 15, 2021 at 5:31 am

1 – Editor’s Notebook

2 – In the News

3 Ways and Means Democrats Call on Treasury to Update Guidance Warning Tax-Exempt Organizations About Engaging in Insurrection Activities

4 – ABA’s EO Committee to Meet Virtually on January 28

5 – Summary of Final Section 4960 Regulations on Exempt Organization Excess Compensation Excise Tax

6 Analysis of Final Section 4960 Regulations on Excise Tax for Excess Remuneration and Excess Parachute Payment Continue…

EO Tax Journal 2021-9

Paul Streckfus, January 14, 2021 at 5:32 am

1 – Legislative Update

2 – Editor’s Notebook

3 – IRSAC Selects New Members

4 Excerpt from the National Taxpayer Advocate’s 2020 Annual Report to Congress

5 – National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Impact of COVID-19 and IRS Funding Needs (IR-2021-11) Continue…

EO Tax Journal 2021-8

Paul Streckfus, January 13, 2021 at 5:40 am

1 – In the News

2 – Editor’s Notebook

3 – 157 Law Deans Joint Statement on the 2020 Election and Events at the Capitol

4 – National Council of Nonprofits Says Revise Form 990, Replace Form 1023-EZ

5 – Final Section 4960 Regs Mostly Complete TCJA Changes Directly Impacting EOs

6 Two EO Committee Members Critical of Final Section 4960 Regs Continue…

EO Tax Journal 2021-7

Paul Streckfus, January 12, 2021 at 5:47 am

1 – The EOTJ Mailbag

2 – Editor’s Notebook

3 – Article of Interest

4 – IRS Sends Taxpayer First Act Report to Congress

5 – IRS Rules Applicant Conducting Annual Festival ‘Best Qualified under Section 501(c)(4) rather than Section 501(c)(3)’ (Denial 202047014) Continue…