Tax Compliance for Tax-Exempt Organizations (2019) (U.S.)

$572.00
In stock
SKU#
TAXCOM-2135

Provides a detailed analysis of the federal tax laws affecting tax-exempt organizations and the tax treatment of donors to such organizations.

Tax Compliance for Tax-Exempt Organizations (2019) (U.S.)
Author: Steven D. Simpson

Provides a detailed analysis of the federal tax laws affecting tax-exempt organizations and the tax treatment of donors to such organizations. It offers expert guidance to tax-exempt organizations and their tax advisors on the tax compliance issues they confront on a daily basis and the preparation of the various tax forms they must file with the IRS. It offers unique insight into four key areas:

  • tax law and the rules that govern compliance;
  • reporting requirements;
  • compliance steps, choices and mechanisms;
  • and accounting.

  • Chapter 10, regarding charitable contributions, has been extensively rewritten and revised.
  • Section 501(c)(4) organizations may participate in political campaign activities so long as their primary purpose remains the motion of social welfare. The importance of the Citizens United case to federal and state electioneering activities of Section 501(c)(4) organizations is also explained in detail. This becomes of greater importance to readers, since the identities of the contributors to social welfare organizations generally do not have to be disclosed to the general public, whereas the names and addresses of contributors to Section 527 political organizations (political action committee do have to be disclosed under federal tax and election laws. The interplay of the tax and election laws on these important issues is discussed in detail.
  • New Form 1023-EZ was promulgated. We discuss the new Form.
  • We have included new materials regarding the deduction for conservation easements.
  • New final regulations

CONTENTS:
  • Introduction to Tax-Exempt Organizations
  • Distinctions Between Private Foundations and Public Charities
  • Organizational and Operational Considerations
  • Private Inurement, Private Benefit, and Intermediate Sanctions
  • Engaging in a Trade or Business and Income from an Unrelated Trade or Business
  • Political and Legislative Activities of Public Charities
  • Private Foundation Excise Taxes
  • Exemption Application Procedures
  • Annual Returns and Disclosure Requirements
  • Charitable Contribution Deduction Requirements and Information for Donors

  • Appendix A: Sample Form 1023 and Accompanying Documents
  • Appendix B: Sample Form 1024 and Accompanying Documents
  • Appendix C: Sample Forms 990, 990-PF, and 990-T
  • Appendix D: Publication 557
  • Appendix E: Publication 3833
June 28, 2019

pages  1,024
More Information
UpdatesAnnually
FormatBook
ISBN9780808052135