1 – Editor’s Note
2 – Year 2017 Report
3 – Tax Court Holds No Deduction Allowable Because Conservation Easement Valued at $2,130,000 Is Not a ‘Qualified Conservation Contribution’ under Section 170(h)(1) (Salt Point Timber v. Commissioner)
Month: December 2017
EO Tax Journal 2017-251
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – In the News
4 – Provisions of Interest to Tax-Exempt Organizations and Donors in the Tax Reform Legislation
EO Tax Journal 2017-250
1 – Congress Fumbles the Ball on New Section 4960
2 – Conservation and Preservation Easements – God Bless America
A – Groups Support Legislation to ‘Ensure Honest Philanthropy in Land Conservation’
B – Trump’s Mar-a-Lago Easement Tax Deal Veiled from IRS Scrutiny
EO Tax Journal 2017-249
1 – Editor’s Notebook
2 – In the News
3 – Holding Back the IRS Isn’t Smart
4 – Nonprofit Guide to the ‘Tax Cuts and Jobs Act’
EO Tax Journal 2017-248
1 – Editor’s Notebook
2 – Commentary: How Tax Reform Will End the Nonprofit Executive Pay Scam
3 – Senator Wyden Probes Conflicts of Interest, Political Interference at IRS
4 – Tax Court Holds Fees Received for Services to Members Are Subject to UBIT (New Jersey Council of Teaching Hospitals v. Commissioner)
EO Tax Journal 2017-247
1 – Editor’s Notebook
2 – Excerpts from Joint Explanatory Statement of the Committee of Conference on the “Tax Cuts and Jobs Act”, Followed by Statutory Language
A – Excise Tax on Excess Tax-Exempt Organization Executive Compensation
B – Unrelated Business Taxable Income Separately Computed for Each Trade or Business Activity
EO Tax Journal 2017-246
1 – Quote of the Week
2 – The EOTJ Mailbag
3 – Did the Washington Post Give Too Much Credence to Tea Party Complaints?
4 – Charitable Nonprofits to Congress: The Final Tax Bill Would Sabotage Our Work in Communities. Kill the Bill and Start Over.
5 – Latest Development in Freedom from Religion Foundation Case
EO Tax Journal 2017-245
1 – The EOTJ Mailbag
2 – Current and Quotable
3 – In the News
4 – Ninth Circuit Affirms Tax Court in Appeal of Parks Foundation Case
5 – Reaction to Ninth Circuit’s Decision in Parks Foundation
6 – Summary of Parks Foundation Tax Court Decision
7 – Concerns Expressed after Parks Foundation Tax Court Decision
EO Tax Journal 2017-244
1 – Editor’s Notebook
2 – Overview of EO Provisions Included and Excluded from Final Tax Bill
3 – Organization Does Not Qualify as a (c)(4) Since Operating a For-Profit Business Selling Dogs that Provides Private Benefit (Revocation 201749020)
EO Tax Journal 2017-243
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – In the News (Impact Investing, DAFs)
4 – Upcoming EO Tax Programs
5 – Applicant Negotiating a Contract for Electricity from a Natural Gas Power Plant and Paying Associated Legal Costs Denied (c)(6) Status Based on Providing Particular Services to Members (Denial 201749016)
EO Tax Journal 2017-242
1 – Year-End Tax Planning for College Football Fans
2 – Social Club’s (c)(7) Status Revoked Because Nonmember Income Has Exceeded 15% on a Continuing Basis (Revocation 201749011)
3 – Organization Revoked for Not Being Able to Produce Contemporaneous Records to Substantiate Solicitation of Grant Funds, the Intended Use of the Funds Solicited, and Its Approval Process (Revocation 201749012)
EO Tax Journal 2017-241
1 – Tax Court in the News
2 – EO Update Transcript (Part 2)
EO Tax Journal 2017-240
1 – In the News
2 – EO Update Transcript (Part 1)
EO Tax Journal 2017-239
1 – Editor’s Notebook
2 – DAF Article of Interest
3 – EO Excerpts from JCT’s Comparison of House and Senate Tax Bills
4 – Moore Endorsement Raises Alarm about Church Politicking
5 – Charity Groups Continued to Urge Congress to Keep Johnson Amendment
6 – Buchanan Calls for Disclosure of Lois Lerner’s Secret Testimony
EO Tax Journal 2017-238
1 – Editor’s Notebook
2 – IRS Revokes (c)(3) Status of Organization Whose Primary Activity Is the Provision of Funds to Defray or Pay the Funeral Costs of Its Members (Revocation 201748011)
EO Tax Journal 2017-237
1 – Editor’s Notebook
2 – A Better Man Than Me
3 – Litigation Updates
4 – Mayo Clinic Takes on IRS over Status as a School
5 – Applicant Denied (c)(3) Status Based on Private Benefit to Members (Denial 201748010)
EO Tax Journal 2017-236
1 – Editor’s Notebook
2 – Massachusetts Benefit Corporation Law Turns Five
3 – IRS Request for Comments on Application of Excise Taxes With Respect to Donor Advised Funds in Certain Situations (Notice 2017-73)
EO Tax Journal 2017-235
1 – Editor’s Notebook
2 – Old Wine in New Bottles
3 – Comings and Goings
4 – New York Attorney General Schneiderman Announces Settlement of Lawsuit against Yisroal Schulman, Former President of NYLAG, for Breaching His Fiduciary Duty to NYLAG and Other Charities
5 – New York Attorney General Schneiderman Report Finds Professional Fundraisers Overall Retain More Than One-Third of Charitable Campaign Donations; Some Retain More Than Half
6 – Coalition Seeks End of Schedule B Filing
EO Tax Journal 2017-234
1 – Editor’s Notebook
2 – The EOTJ Mailbag
3 – Project Veritas’ Donors Are a Who’s Who of the Conservative Right
4 – More News Reporting on Project Veritas
5 – Why Is Project Veritas a Tax-Exempt Nonprofit, Anyway?
6 – Campaign Legal Center Continues to Seek IRS Investigation of Foundation for Moral Law
EO Tax Journal 2017-233
1 – Editor’s Notebook
2 – Charity Groups Call for ‘No’ Vote on Tax Bill
3 – List of Published Transcripts from the September 15, 2017 Meeting of the EO Committee of the ABA’s Tax Section
4 – Lessening the Burdens of Government in the 21st Century (Part 2)