October 2024 – EO Tax Journal

Editor's Notebook Focus on Congress PLRs, TAMs, and Denial Letters

EO Tax Journal 2024-170

October 31, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – Chairman Smith Calls for States to Investigate Nonprofits Engaged in Antisemitic and Illegal Activity, including Supporting Terrorism

3 – Applicant Promoting Physical Fitness Denied (c)(3) Status (PLR 202443019)

Current News and Developments Editor's Notebook Focus on Courts State Tax Developments

EO Tax Journal 2024-169

October 29, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – Representatives of Conservative Groups Accuse Harris and Walz of Unconstitutional Violations of Privacy and Free Speech

3 – Growth of the Nonprofit Sector: More Charities, Better Solutions

4 – NASCO Issues Guidance Regarding Scam PACs

5 – Two CPAs Sentenced in Billion-Dollar Syndicated Conservation Easement Tax Scheme

6 – Fifth Circuit’s Opinion in Memorial Hermann

Current News and Developments Editor's Notebook PLRs, TAMs, and Denial Letters

EO Tax Journal 2024-168

October 28, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – In the News

3 – Commentary on DAFs

4 – Excerpt from October 15, 2024 Letter of American Council on Education to House Ways and Means Committee

5 – IRS Rules that a Taxpayer’s Income Is Excludable from Gross Income under Section 115(1) and It Is an Instrumentality for Purposes of Section 170(c)(1) (PLR 202443007)

Current News and Developments Editor's Notebook Program Announcements State Tax Developments The EOTJ Mailbag

EO Tax Journal 2024-167

October 25, 2024April 23, 2025Paul StreckfusComments Off

1 – The EOTJ Mailbag

2 – Editor’s Notebook

3 – In the News

4 – Upcoming Programs (PLI, TEGE EO Council)

5 – Letter to California AG about OpenAI

Editor's Notebook Focus on IRS and Treasury Transcripts (Other)

EO Tax Journal 2024-166

October 24, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – Transcript of Update From the IRS (Part 3)

Current News and Developments Editor's Notebook The EOTJ Mailbag Transcripts (Other)

EO Tax Journal 2024-165

October 21, 2024April 23, 2025Paul StreckfusComments Off

1 – Employment Opportunity

2 – The EOTJ Mailbag

3 – In the News

4 – Transcript of Update From the IRS (Part 2)

Current News and Developments Editor's Notebook Focus on Congress

EO Tax Journal 2024-164

October 18, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – In the News

3 – Independent Sector’s Letter to Congress

4 – National Council of Nonprofits Submits Wish List to Congress

Current News and Developments Editor's Notebook Focus on IRS and Treasury Transcripts (Other)

EO Tax Journal 2024-163

October 17, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – In the News

3 – IRS Ramps Up Work on ERC Claims, Processes 400,000 Claims Worth About $10 Billion

4 – Transcript of Update From the IRS (Part 1)

Editor's Notebook Focus on IRS and Treasury Transcripts (ABA EO Committee)

EO Tax Journal 2024-162

October 15, 2024April 23, 2025Paul StreckfusComments Off

1 – Employment Opportunity

2 – Editor’s Notebook

3 – FFRF Asks IRS to Investigate Church for Pulpit Politicking

4 – Transcript of State Regulatory Update (Part 2)

Current News and Developments Editor's Notebook Focus on IRS and Treasury Transcripts (ABA EO Committee)

EO Tax Journal 2024-161

October 14, 2024April 23, 2025Paul StreckfusComments Off

1 – Editor’s Notebook

2 – In the News

3 – IRS Announces Extension of Time for Certain Applicable Entities to Make an Elective Payment Election on Form 990-T (IR-2024-267)

4 – Transcript of State Regulatory Update (Part 1)

Editor's Notebook Focus on Congress Focus on Courts Program Announcements The EOTJ Mailbag

EO Tax Journal 2024-160

October 11, 2024April 23, 2025Paul StreckfusComments Off

1 – The EOTJ Mailbag

2 – Program of Interest

3 – Senator Cotton Asks IRS to Investigate Voter Participation Center

4 – Editor’s Notebook

5 – IRS Continues to Lay Out Its Position in Consolidated Sportsmen Case

Current & Quotable Current News and Developments Editor's Notebook PLRs, TAMs, and Denial Letters

EO Tax Journal 2024-159

October 10, 2024April 23, 2025Paul StreckfusComments Off

1 – Quote of the Week

2 – Editor’s Notebook

3 – In the News

4 – In New Lawsuit, Religious Nonprofit Targets Johnson Amendment in Order to Endorse Political Candidates without Losing Tax-Exempt Status

5 – IRS Approves Extension for an Additional Five Years the Period of Time for Disposing of Taxpayer’s Excess Business Holdings under Section 4943(c)(7) (PLR 202440009)

6 – IRS Approves Proposed Grant as an Unusual Grant under Treasury Reg. Section 1.509(a)-3(c)(4)(Ruling 202440013)

Editor's Notebook Focus on IRS and Treasury The EOTJ Mailbag

EO Tax Journal 2024-158

October 8, 2024April 23, 2025Paul StreckfusComments Off

1 – The EOTJ Mailbag

2 – Editor’s Notebook

3 – List of EO Items on 2024-2025 Priority Guidance Plan

4 – Treasury and IRS Issue Final Regulations Identifying Syndicated Conservation Easement Transactions as Abusive Tax Transactions (IR-2024-259)

5 – Treasury and IRS Issue Guidance on Long-term, Part-time Employees in 403(b) Retirement Plans (IR-2024-257)

6 – Additional Guidance with Respect to Long-Term, Part-Time Employees, Including Guidance Regarding Application of Section 403(b)(12) to Long-Term, Part-Time Employees under Section 403(b) Plans (Notice 2024-73)