Tax Planning and Compliance for Tax-Exempt Organizations

Supplemented annually to keep subscribers up-to-date on relevant changes in IRS forms, requirements, and related tax procedures, the fourth edition is a comprehensive guide to achieving and maintaining exempt-status for your nonprofit organization. Helpful tools such as easy-to-use checklists and comprehensive, line-by-line instructions for completing a variety of exemption applications and tax forms are included in this edition.

About the Author. Preface. PART ONE QUALIFICATIONS OF TAX-EXEMPT ORGANIZATIONS. Chapter Two: Qualifying under IRC 501(c)(3). Chapter Three: Religious Organizations. Chapter Four: Charitable Organizations. Chapter Five: Educational, Scientific, and Literary Purposes and Prevention of Cruelty to Children and Animals. Chapter Six: Civic Leagues and Local Associations of Employees: 501(c)(4). Chapter Seven: Labor, Agricultural, and Horticultural Organizations: 501(c)(5). Chapter Eight: Business Leagues. Chapter Nine: Social Clubs: 501(c)(7). Chapter Ten: Instrumentalities of Government and Title-Holding Corporations. Chapter Eleven: Public Charities. PART TWO STANDARDS FOR PRIVATE FOUNDATIONS. Chapter Twelve: Private Foundations-General Concepts. Chapter Thirteen: Excise Tax Based on Investment Income: IRC. Chapter Fourteen: Self-Dealing: IRC. Chapter Fifteen: Minimum Distribution Requirements: IRC. Chapter Sixteen: Excess Business Holdings and Jeopardizing Investments: IRC. Chapter Seventeen: Taxable Expenditures: IRC. PART THREE OBTAINING ANDMAINTAINING TAX-EXEMPT STATUS. Chapter Eighteen: IRS Filings, Procedures, and Policies. Appendix 18-A: New Form 1023 (Filled In). Appendix 18-B: Form 8734: Support Schedule for Advance Ruling Period. Appendix 18-C: Schedules for Form 1023: Completed by Churches, Schools, Hospitals, and Others. Appendix 18-D: Form 990. Appendix 18-E: Form 990-EZ. Chapter Nineteen: Maintaining Exempt Status. Chapter Twenty: Private Inurement and Intermediate Sanctions. Chapter Twenty-One: Unrelated Business Income. Chapter Twenty-Two: Relationships with Other Organizations and Businesses. Chapter Twenty-Three: Electioneering and Lobbying. Chapter Twenty-Four: Deductibility and Disclosures. Chapter Twenty-Five: Employment Taxes. Chapter Twenty-Six: Mergers, Bankruptcies, and Terminations. Table of Cases. Table of IRS Revenue Rulings. Table of IRS Revenue Procedures. Index.