IRS: Authority Can Create a Nonprofit Utility-Manager Without Hurting Debt
- IRS May Survey More Nonprofits After Report Questions Compliance. Schroeder, Peter // Bond Buyer;9/15/2008, Vol. 365 Issue 32961, p5
The article reports on the plan of the Internal Revenue Service (IRS) to survey a larger group of nonprofit organizations in the U.S. The plan is to have a better determination of the extent to which organizations are complying with the tax laws and rules pertaining to its outstanding tax-exempt...
- Can Elected Officials Serve on Nonprofit Boards? McDaniel-Webb, Jayne; Tesdahl, D. Benson // Nonprofit World;May/Jun96, Vol. 14 Issue 3, p6
Responds to a question on whether there are any U.S. Internal Revenue Service regulations or ethics policies that prohibits elected officials from serving on the boards of nonprofit organizations. Federal conflict of interest laws; State conflict of interest laws.
- Lavish nonprofit salaries targeted. Olsen, Ted // Christianity Today;11/11/96, Vol. 40 Issue 13, p110
Reports on the enactment of federal legislation allowing the Internal Revenue Service (IRS) to penalize directors or other influential members of nonprofit organizations with excessive compensation. Background information;Implications; Plans and expectations.
- Tax-exempts with gaming activities get guidance. // Practical Accountant;Jul98, Vol. 31 Issue 7, p46
Reports on the release of the `Gaming Publication for Tax-Exempt Organizations,' guide, by the United States Internal Revenue Service during 1998. Objectives of the guide; Subject matter contained in the guide.
- IRS mulls rules to open boards to more docs. Burda, David // Modern Healthcare;7/08/96, Vol. 26 Issue 28, p4
Reports on the Internal Revenue Service's (IRS) plan to liberalize rules for tax-exempt organizations. Effect on the number of doctors on their governing boards; Contents of the IRS' Continuing Professional Education manual; Previous limitation of physician control. INSETS: IRS' quid pro...
- New regulations cause an uproar. // Transmission & Distribution World;Feb98, Vol. 50 Issue 2, p6
Reports on protests over the US Internal Revenue Service's proposed regulations that will expand the ability of large government-owned electric utilities to use expanded federal subsidies to compete against private utilities for at least the next three years. Impact of the proposal to...
- IRS Seeking New Muni Voice for Term on Advisory Panel. Barnett, Susanna Duff // Bond Buyer;11/6/2003, Vol. 346 Issue 31756, p4
Reports that the United States Internal Revenue Service is looking for a representative from the municipal bond community to serve a three-year term on its Tax-Exempt and Government Entities advisory committee. Responsibilities of the representative.
- IRS: Lobbying Could Harm Bond Status. // Bond Buyer;6/14/2002, Vol. 340 Issue 31407, p1
Reports the position of the Internal Revenue Service on the lobbying activities of nonprofit organizations with bond-financed facilities in the U.S. Risk to the tax-exempt status of debt; Violation to the tax law governing bonds; Variation on the amount of lobbying among non-profit organizations.
- Form 3115 not required if changing method to conform to SFAS No. 116. // CPA Journal;Jun96, Vol. 66 Issue 6, p10
Reports on the Internal Revenue Service announcement that not-for-profit organizations changing their accounting methods in compliance with the SFAS No. 116, need not file Form 3115, Application for Change in Accounting Method. Reporting adjustments related to the change in method; Contact...