Tax Compliance for Tax-Exempt Organizations (2018) (Currently Unavailable)

Author(s): Steven D. Simpson

Published: Jun 18, 2018


ISBN: 9780808049814
Product Number: 10029984-0009
Volumes: 1
Update Frequency: Annually
1024 Pages

Tax Compliance for Tax-Exempt Organizations (2018) 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.

The 2018 Edition of Tax Compliance for Tax-Exempt Organizations has been revised to bring you up to date on the latest developments in this complex and constantly changing area.

  • 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 under Section 501(r) of interest to tax-exempt hospitals are discussed in detail.
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