What Is IRS Publication 557: Tax-Exempt Status for Your Organization? IRS Publication 557 is a document issued by theInternal Revenue Service(IRS) that details the steps to apply for and maintain tax-exempt status. For non-profit organizations, obtaining tax-exempt status is essential as it mea...
This article reports on several credit-counseling agencies which failed to earn tax-exempt status from the U.S. Internal Revenue Service (IRS) because they rely too heavily on credit card companies and banks for funding as of October 2005. The IRS denials is one factor that might ultimately ...
The impact of the individual mandate and Internal Revenue Service Form 990 Schedule H on community benefits from nonprofit hospitals. In response to a growing concern that nonprofit hospitals are not providing sufficient benefit to their communities in return for their tax-exempt status, ... K ...
The term “tax benefit” refers to any tax law that helps you reduce yourtax liability. Benefits range from deductions and tax credits to exclusions and exemptions. They cover various areas, including programs for families, education, employees, and natural disasters. Some tax benefits are related...
Tax-exempt status hinges on two IRS tests. 来自 EBSCO 喜欢 0 阅读量: 18 作者:Kalick,Laura 摘要: This article answers an inquiry about the use of the commensurate test and the primary purpose test to evaluate an organization's tax-exempt status....
According to a notice released by IRS, it has decided to close the examination of $40 million of 2002 revenue bonds, without changing the tax-exempt status of the debt. The IRS announced that it has no specific reason to doubt that the bonds were not in complaint with federal tax ...
TAX EXPENDITURES AND TAX REFORM: ISSUES AND ANALYSIS. The article focuses on the issues regarding tax reform in the U.S. It has been mentioned that the President's Advisory Panel on Federal Tax Reform presente... Toder,Eric,J. - 《Proceedings of the Annual Conference on Taxation》 被引量...
KEEPING THE "STATUS" QUO To maintain tax-exempt status, an organization must not allow any of its earnings to "inure" to the benefit of a private shareholder or individual.Inurementis the improper diversion of an organizations net earnings by persons with substantial influence over the organization...
onDec.31,thenoticeisduebythefollowingMay15 th . MoreInformation Forthelatestinformationfortax-exemptorganizations,signupfortheEO Update,aregulare-newsletterdelivereddirectlytoyourinbox.Formore informationaboutmaintainingtax-exemptstatus,goto.stayexempt.irs.gov. ###...
Reports on regulations proposed by the Internal Revenue Service (IRS) to clarify the tax requirements for living-benefit beneficiaries. The Mercer Report; Qualified accelerated death benefit provisions treated ...