CPAide Accounting and Tax Directory

Tax Information for All Charities & Non-Profits

IRS Exempt Organizations is conducting various workshops and seminars around the country. Check our Calendar of Events for locations, dates and registration information.

The IRS, in conjunction with the Federal Trade Commission and state regulators, has issued News Release 2003-120 and Fact Sheet 2003-117, which address concerns that credit counseling organizations using "questionable practices" may seek tax-exempt status in order to circumvent state and federal consumer protection laws.

Joint IRS/state charity official publications providing guidelines for donors and charities relating to donated vehicle programs.

Information on how to participate in electronic filing for exempt organization returns is now available.

Links to information about employment taxes for tax-exempt organizations.

The Internal Revenue Service has recently issued several items of educational guidance relating to the participation of tax-exempt organizations in political campaigns. In a fact sheet, the IRS described the prohibition on section 501(c)(3) organizations intervening in political campaigns, and explained how it reviews information asserting that organizations have violated that prohibition.

Current issue of Exempt Organizations Update, a free e-mail service for tax professionals and representatives of tax-exempt organizations from the IRS, and link to archive and subscription information.

Discussion of final regulations on extensions of exempt organizations returns.

Program guidance for implementing the Exempt Organizations portion of the TE/GE Strategic and Program Plan for fiscal year 2005.

Want to visit us again? Just remember www.irs.gov/eo. It's that easy!

The IRS may assess penalty excise tax and challenge the tax-exempt status of charitable organizations that participate in certain transactions with donors claiming improper deductions for conservation easements. Steven T. Miller, Commissioner, Tax Exempt and Government Entities, highlighted this initiative in a speech before the American Society of Appraisers.

The IRS announced a new enforcement effort to identify and halt abuses by tax-exempt organizations that pay excessive compensation and benefits to their officers and other insiders.

During its existence, a public charity has numerous interactions with the IRS, from filing an application for recognition of tax-exempt status under the law, to filing the required annual information returns, to making changes in its mission and purpose.

For tax year 2005 returns that are due in 2006, new regulations require organizations with total assets of $100 million or more that file 250 or more returns a year, including income tax, excise tax, information and employment tax returns, to file electronically.

Try the new, improved search feature for Publication 78 to verify the eligibility of organizations to receive charitable contributions deductible for federal income tax purposes.

This notice provides interim guidance regarding the application of certain requirements enacted as part of the Pension Protection Act of 2006, Pub. L. No. 109-208, 120 Stat. 780 (2006) (“PPA”), that affect supporting organizations, donor advised funds, and private foundations that make grants to supporting organizations.

The IRS has revised Form 1023, the exemption application form for section 501(c)(3) organizations. Frequently asked questions explain the revisions and the transition from the prior to the new version of the Form.

The Exempt Organizations function of the Tax Exempt/Government Entities (TE/GE) Division requests comments from exempt organizations and interested stakeholders on several issues.

The IRS has clarified the student exception to the FICA (Social Security and Medicare) taxes for students employed by a school, college, or university where the student is pursuing a course of study.

An article describing the process for communicating alleged exempt organization tax law violations to the IRS and how the IRS handles such information.

Revenue Ruling 2004-112 holds that under specified circumstances, Internet activities conducted by section 501(c)(6) exempt trade associations fall within the specific exception for qualfied convention and trade show activity under Code section 513(d)(B).

Donations to domestic, charitable organizations helping in foreign lands may qualify as tax-deductible contributions for 2004.

Final regulations regarding fees for copies of exempt organizations' material from the IRS and from exempt organizations were published on January 5, 2005.