Tax-exempt hospitals should reassess how they document, report, and defend their benefit to the community to support continued exemption under Sec. 501(c)(3).
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Formation & Governance
Most NIL collectives do not further a Sec. 501(c)(3) exempt purpose
Most name, image, and likeness collectives will not be furthering a Sec. 501(c)(3) purpose.
Form 1023 must now be filed electronically
The IRS announced that Form 1023, Application for Recognition of Exemption Under Section 501(c)(3), must now be submitted electronically.
Electronic filing mandated for Sec. 501(c)(3) applications
The IRS announced that Form 1023, Application for Recognition of Exemption Under Section 501(c)(3), must now be submitted electronically.
Benefiting others: Supporting organizations and the boundaries of the operational test
This item reviews how regulations, case law, and IRS guidance address the issue of whether supporting organizations can make grants to other public charities that are not their supported organizations.
Economic development corporations: Often misunderstood tax-exempt organizations
EDCs should be aware of both the regulatory foundation for an exemption and the various IRS authorities on EDCs.
Charitable contribution procedures updated
The IRS issued new procedures for contributions to charitable organizations, including rules for when donors can rely on the information about an organization’s tax-exempt status on the IRS database Tax Exempt Organization Search.
Streamlined tax-exemption application asks for mission and activities
The 2018 revision to Form 1023-EZ includes a new
requirement that organizations describe to the IRS their mission or most significant activities.
Form 1023-EZ will ask applicants for mission and activities
The streamlined application for tax-exempt status will ask organizations to describe their mission and activities for the first time.
Contributions to quasi-governmental public-private partnerships
This article describes the requirements for an organization to meet Sec. 115(1).
Fee-for-service activities: Two paths to ‘substantially related’
Sec. 501(c)(3) organizations that engage in fee-for-service activities need to consider whether a given activity furthers or is “substantially related” to an exempt purpose.
New PATH Rules Require Sec. 501(c)(4) Organizations to Notify the IRS
Social welfare benefit organizations are now required to notify the Internal Revenue Service of their formation and intent to operate under Sec. 501(c)(4).
Form 1023-EZ Application Fee Will Be Lowered
The IRS is cutting the application fee small organizations must pay when applying for tax-exempt status.
IRS Implements New Sec. 501(c)(4) Registration Requirement
Social welfare benefit organizations are now required to notify the Internal Revenue Service of their formation and intent to operate under Sec. 501(c)(4).
Final Rules Permit Broader Range of Program-Related Investments
The regulations broaden the types of investments by private foundations that qualify
as program-related investments that do not jeopardize the carrying out of a private foundation’s exempt purposes.
Supporting Organizations: A Road Map to the Recent Regulations
Organizations should review new proposed regulations and 2015 final regulations as a reminder of what is required to obtain or maintain public charity status.
Type II Supporting Organizations: Relationship Issues in Complex Organizational Structures
Complications may arise when the parent of a large, multientity system applies for recognition of tax-exempt status as a Sec. 501(c)(3) public charity.
Tea Party Groups Win in Appeals Court
The court denied the IRS’s petition to avoid having to disclose information about other organizations that were on the IRS’s controversial “be on the lookout” list of organizations.
IRS Slashes Application Fee for Small Exempt Organizations
The fee to use the popular Form 1023-EZ will be lowered, starting July 1.
Final Regulations Illustrate Program-Related Investments Permitted by Private Foundations
The first changes to these rules since 1972 add many examples involving programs in foreign countries.
PRACTICE MANAGEMENT
2026 tax software survey
CPAs rate their return preparation software’s performance during this year’s tax season.
