Paul Streckfus, Editor
1 – Second Quote of the Week
2 – Tax Reform Provision Surprises Churches and Nonprofits with Tax on Parking and Other Benefits
3 – EO Committee Transcript: New Section 512(a)(6): Unrelated Business Taxable Income Silos – Separating the Corn from the Wheat (Part 2)
1 – Quote of the Week
2 – The EOTJ Mailbag
3 – EO Committee Transcript: New Section 512(a)(6): Unrelated Business Taxable Income Silos – Separating the Corn from the Wheat (Part 1)
1 – Editor’s Notebook
2 – In the News
3 – Judicial Watch Obtains IRS Documents Revealing McCain’s Subcommittee Staff Director Urged IRS to Engage in ‘Financially Ruinous’ Targeting
4 – McCain’s Response: Another Judicial Watch ‘Smear’
5 – Outline for ABA Panel: New Section 512(a)(6): Unrelated Business Taxable Income Silos
1 – Editor’s Notebook
2 – Organization Receives Numerous Rulings on Its Conversion from a Supporting Organization to a Private Foundation (PLR 201825004)
3 – Social Club’s Exemption Revoked (Revocation 201824013)
1 – Editor’s Notebook
2 – New Sections 4960 and 512(a)(7): The Entity Level Tax on Excess Compensation and UBIT on Certain Fringe Benefits
1 – Editor’s Notebook
2 – ABA’s Tax Section Recommends Delay of Implementation of Section 512(a)(6) ‘Silo’ Rules
3 – National Council of Nonprofits Seeks Delay in Implementation of New UBIT Provisions
1 – Editor’s Notebook
2 – The EOTJ Mailbag
3 – In the News
4 – Outline for May 11 EO Committee Discussion of New Sections 4960 and 512(a)(7)
1 – Editor’s Notebook
2 – Senator Wyden Calls for Review of Laws Regulating Charitable Organizations
3 – Current Article of Interest
4 – Another Farmers’ Market Bites the Dust (Denial 201824014)
1 – The EOTJ Mailbag
2 – AICPA Members Hear from EO Division Director
3 – Mayo Tries to Keep IRS from Questioning CEO
4 – IRS Finds Applicant’s Recreational Activities/Purposes Exceed Charitable Ones in Denying (c)(3) Exemption (Denial 201824012)
1 – Editor’s Notebook
2 – The EOTJ Mailbag
3 – A View from the Texas Attorney General’s Office
1 – Editor’s Notebook
A – Trump Foundation Critiqued in the News
B – EO Council Program
2 – AICPA’s EO Recommendations for 2018-2019 Priority Guidance Plan
3 – ABA Section of Taxation’s EO Recommendations for 2018-2019 Priority Guidance Plan
4 – Private Benefit in Tandem Structures (Allen Bromberger)
5 – Applicant Providing Death and Other Benefits to Its Member Taxi Drivers Denied (c)(3) Status (Denial 201822032)
1 – New York Attorney General Sues Trump Foundation for Numerous Misdeeds
2 – President Trump Blasts New York AG’s Office
3 – Rebuttal by Trump Foundation
4 – New York AG’s Letter to IRS
1 – The EOTJ Mailbag
2 – In the News (Impact Investing)
3 – News from Eve (No Last Name Needed)
4 – ALI Program Announcement
5 – Applicant Denied (c)(3) Status Since Sole Purpose Is to Show Members’ Cattle at a National Show (Denial 201822030)
1 – Editor’s Notebook
2 – Georgetown Professor Urges Scrutiny of Conversions of For-Profit Institutions to Nonprofits
3 – Grand Canyon University Seeks to Refute Comments of Georgetown Professor
1 – The EOTJ Mailbag
2 – Social Welfare and Political Organizations: Ending the Plague of Inconsistency (Roger Colinvaux)
3 – NYSBA Reviews Provisions of New Tax Law Affecting Tax-Exempt Organizations
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – Guidance on the Calculation of Net Investment Income for Purposes of the Section 4968 Excise Tax Applicable to Certain Private Colleges and Universities (IR-2018-134 and Notice 2018-55)
4 – EO ACT Subgroup Recommends Mandatory Electronic Filing of All 990 Forms
1 – Editor’s Notebook
2 – CUNA: Attacks on Tax Status of Credit Unions Misguided
3 – Coalition: Evaluate Credit Unions Tax-Exempt Status
4 – Hatch Wants IRS to Require Form 990 Reporting by Credit Unions
5 – CUNA Responds to Hatch Question about IRS Form 990 for Credit Unions
6 – NAFCU to IRS, Hatch: Don’t Add to Credit Unions’ Compliance Burden
1 – YMCA Seeks Delay in Implementation of New Fringe Benefit Rules
2 – Senator Johnson Urges IRS to Rescind Regulation Requiring Submission of Donor Information for Nonprofit Organizations
3 – Gun Club Shot Itself in Foot by Not Providing Enough Information to Establish Exempt Status (Denial 201822029)
1 – Editor’s Notebook
2 – In the News
3 – News from IRS, Treasury and the Hill (Part 2)
1 – Editor’s Notebook
2 – News from IRS, Treasury and the Hill (Part 1)
2 – LAST CALL – EO Council’s Next EO Update Program Scheduled for June 15
3 – IRS Obsoletes Some EO Revenue Rulings
4 – Group Opposes House Appropriations Bill Rider That Seeks to Prevent ‘Johnson Amendment’ Enforcement
1 – In the News
2 – Restricted Charitable Gifts: Public Benefit, Public Voice
3 – Comments of Emory University on New EO Tax Provisions