IRS Oversight of Tax-exempt Foundations

IRS Oversight of Tax-exempt Foundations PDF Author: United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher:
ISBN:
Category : Charitable uses, trusts, and foundations
Languages : en
Pages : 228

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Book Description

IRS Oversight of Tax-exempt Foundations

IRS Oversight of Tax-exempt Foundations PDF Author: United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher:
ISBN:
Category : Charitable uses, trusts, and foundations
Languages : en
Pages : 228

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Book Description


Tax-Exempt Sector

Tax-Exempt Sector PDF Author: David M. Walker (au)
Publisher: DIANE Publishing
ISBN: 9781422300992
Category : Law
Languages : en
Pages : 62

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Book Description
The tax-exempt sector under section 501(c) of the IRS Code covers over a million-&-a-half tax-exempt entities (TEE) of varying sizes & purposes. Transparency over TEE activities is aided by public access to their annual tax returns. Oversight can help ensure adherence to exempt purposes, protect against abuses, & sustain public support for the sector. This report addressed: (1) the growth of the section 501(c) tax-exempt sector; (2) the role of governance & transparency in ensuring that TEE function effectively & with integrity; (3) IRS's capacity for overseeing the TEE sector, incl. its results & efforts to address critical compliance problems; & (4) states' oversight & their relationship with IRS in overseeing TEE. Charts & tables.

Charitable Organizations

Charitable Organizations PDF Author: Lynda Meyers
Publisher:
ISBN: 9781634826013
Category : Income tax deductions for charitable contributions
Languages : en
Pages : 107

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Book Description
IRS oversight of charitable organizations helps to ensure they abide by the purposes that justify their tax exemption and protects the sector from potential abuses and loss of confidence by the donor community. In recent years, reductions in IRS's budget have raised concerns about the adequacy of IRS oversight. This book describes the charitable organization sector; describes IRS oversight activities; determines how IRS assesses its oversight efforts; and determines how IRS collaborates with state charity regulators and U.S. Attorneys to identify and prosecute organizations suspected of engaging in fraudulent (or other criminal) activity. This book also provides an overview of recent changes affecting tax-exempt and charitable organizations, while also discussing issues that may be of legislative interest in the future.

Tax-Exempt Organizations

Tax-Exempt Organizations PDF Author: Michael Brostek
Publisher: DIANE Publishing
ISBN: 9780756731700
Category :
Languages : en
Pages : 86

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Book Description
Millions of donors annually give hundreds of billions of dollars to charities. While this giving helps meet charitable purposes, congressional & media concerns have arisen about whether some charities spend too much on fundraising & general management & not enough on program services to meet the charitable purposes related to the tax-exempt status. Such concerns have heightened since the outflow of charitable giving after 9/11. This report focuses on the adequacy of: (1) publicly reported Form 990 data on charity spending in facilitating public oversight of charities, (2) IRS's oversight of charities, & (3) IRS's data sharing with state agencies that oversee charities. Includes reviews of studies on charities from 1994-1999. Charts & tables.

Tax Exempt Organizations

Tax Exempt Organizations PDF Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720524472
Category :
Languages : en
Pages : 36

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Book Description
Tax Exempt Organizations: Activities and IRS Oversight

Private Foundations

Private Foundations PDF Author: Bruce R. Hopkins
Publisher: John Wiley & Sons
ISBN: 111930850X
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
The must-have tax law reference for private foundations, updated for 2016 Private Foundations provides an authoritative reference and extensive analysis of tax law and compliance in the private foundations arena, with a wealth of practical tools to streamline applications, filing, and reporting. This 2016 Cumulative Supplement captures the latest regulatory developments for easy reference, with coverage of tax-exempt status, mandatory distribution, annual reporting to the IRS, winding up a foundation's affairs, and much more. Comprehensive line-by-line instructions are included for a variety of exemption applications and tax forms, and easy-to-use checklists highlight areas of critical concern to help you avoid oversights. Sample documents are provided to guide the composition of organizational bylaws and letters of application, and completed IRS forms provide practical reference for side-by-side comparison. With comprehensive, up-to-date coverage of the private foundations space alongside helpful tools and visual reference, this book is a resource every foundation needs. Written by two of the nation's leading authorities on private foundations, this supplement provides essential guidance you can trust. Clear, concise instructions focused on real-world use makes this reference a critical companion for those tasked with the responsibility of maintaining a foundation's tax-exempt status. Learn the latest guidelines for compliance, reporting, and eligibility Access the latest regulatory changes quickly and easily Organize reporting and applications with checklists and sample forms Find valuable tools and reference for all aspects of private foundation compliance Increasing IRS scrutiny makes compliance a more critical issue than ever before. An organization's tax-exempt status is generally vital to its continued operation, and a single oversight can put the future in jeopardy. Private Foundations provides detailed instructions, examples, and much-needed answers on all aspects of private foundation tax law and compliance.

Political organizations data disclosure and IRS's oversight of organizations should be improved.

Political organizations data disclosure and IRS's oversight of organizations should be improved. PDF Author:
Publisher: DIANE Publishing
ISBN: 1428945512
Category :
Languages : en
Pages : 69

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Favorable Determination Letter

Favorable Determination Letter PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 8

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Book Description


Taxexempt sector governance, transparency, and oversight are critical for maintaining public trust : testimony before the House Committee on Ways and Means

Taxexempt sector governance, transparency, and oversight are critical for maintaining public trust : testimony before the House Committee on Ways and Means PDF Author:
Publisher: DIANE Publishing
ISBN: 1428931961
Category :
Languages : en
Pages : 52

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Book Description


Tax Rules Governing Private Foundations

Tax Rules Governing Private Foundations PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
Publisher:
ISBN:
Category : Charitable uses, trusts, and foundations
Languages : en
Pages : 664

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Book Description