1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – In the News
Month: December 2021
EO Tax Journal 2021-250
1 – The EOTJ Mailbag
2 – Editor’s Year in Review
EO Tax Journal 2021-249
1 – Editor’s Notebook
2 – Personal Use of Foundation’s Money Resulted in Revocation of Exemption (Revocation 202151007)
3 – Final Opinion in Frequently-Cited Inurement Case
EO Tax Journal 2021-248
1 – Editor’s Notebook
2 – In the News
3 – Montana Federal Court Finds Tax Shelter Promoter Liable for Over $8 Million in Penalties for Timeshare Donation Scheme
4 – EO Revocation Cases Released on December 23, 2021
EO Tax Journal 2021-247
EDITOR’S NOTE: The next email update will be sent out on Monday, December 27. Happy Holidays!
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – Deletions From Cumulative List of Organizations, Contributions to Which are Deductible Under Section 170 of the Code (Announcement 2021-17)
4 – Revocation Cases Released on December 17, 2021
5 – Revocation Cases Released on December 10, 2021
EO Tax Journal 2021-246
1 – Editor’s Notebook
2 – LLC Treated as a Tax-Exempt Controlled Entity for Purposes of Section 168(h)(6)(F)(ii) Granted an Extension of Time to File an Election Not To Be Treated as a Tax-Exempt Controlled Entity (PLR 202150010)
EO Tax Journal 2021-245
1 – In the News
2 – Applicant Providing Member Benefits Denied (c)(3) Status (Denial 202150020)
EO Tax Journal 2021-244
1 – Editor’s Notebook
2 – Rep. Pascrell’s Letter to USC
3 – Rep. Pascrell’s Letter to LSU
EO Tax Journal 2021-243
1 – The EOTJ Mailbag
2 – IRS Makes TEOS Primary Source to Get EO Data
3 – IRS Comment Notice in Federal Register
4 – Editor’s Notebook
5 – Applicant Providing Opportunity to Participate in Regional and National Softball Tournaments Denied (c)(3) Status (Denial 202144030)
EO Tax Journal 2021-242
1 – Editor’s Notebook
2 – In the News
3 – Charitable Giving Coalition Seeks Expansion and Extension of Charitable Deduction for Non-Itemizers
4 – Homeboy Industries, CalNonprofits, and Other Leading Foundations and Nonprofits Join Initiative to Accelerate Charitable Giving
EO Tax Journal 2021-241
1 – Editor’s Notebook
2 – Revocation of Announcement 2001-33 by Announcement 2021-18
3 – Applicant Focusing on Generating New Business for a Limited Group of Members through Referrals and Networking Denied (c)(6) Status (Denial 202149014)
EO Tax Journal 2021-240
1 – In the News
2 – IRS Revising Form 1024 to Allow for Electronic Submission
3 – New IRS Technical Guides Published
4 – IRS Joins Leading Nonprofit Groups to Highlight Special Charitable Tax Benefit Available through December 31 (IR-2021-247)
5 – Groups Reaffirm Support for Expanded Non-Itemizer Deduction And Continue to Oppose ACE Act
EO Tax Journal 2021-239
1 – Editor’s Notebook
2 – IRS Office of Chief Counsel Issues Notice on ‘Civility’
3 – Attorney General James Continues to Fight NRA’s Efforts to Dismiss Corruption Lawsuit
EO Tax Journal 2021-238
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – In the News
4 – Congressional Research Service Report on ERC
5 – IRS Releases Latest EO Snapshot
EO Tax Journal 2021-237
Consequences of AFPF Case Addressed at WCTEO Conference
EO Tax Journal 2021-236
1 – In the News
2 – Latest Criticism of AARP Royalty Income
3 – Termination of the Employee Retention Credit under Section 3134 in the Fourth Calendar Quarter of 2021 for Certain Employers (Notice 2021-65)
EO Tax Journal 2021-235
1 – Editor’s Notebook
2 – IRS Issues Guidance regarding the Retroactive Termination of the Employee Retention Credit (Notice 2021-65)
3 – New Tax Court Case Raises Interesting EO Issues
EO Tax Journal 2021-234
1 – The EOTJ Mailbag
2 – Editor’s Notebook
3 – Latest College Coaching Moves
4 – Applicant Engaging Participants to Operate Amateur Radio Stations Denied (c)(3) Status (Denial 202145031)
EO Tax Journal 2021-233
1 – In the News
2 – IRSAC Report Recommends Increasing Threshold for Form 990-EZ to Account for Increases in Cost of Living
EO Tax Journal 2021-232
1 – In the News
2 – Some Nonprofits Getting Zapped by Infrastructure Act Change
3 – Remarks of IRS’s Rachel Leiser Levy re Employee Retention Tax Credit
4 – National Council of Nonprofits Press Release on ERTC Early Termination
5 – AICPA Opposes Early End of ERTC
6 – IRS Charity Scam Alert
EO Tax Journal 2021-231
1 – Editor’s Notebook
2 – In the News
3 – DAF Article of Interest
4 – Commentary on the Fumo Case
5 – New York Attorney General Releases Annual Charities Report