IRS: Federal Contracts Don't Prevent Tax-Exempt Debt
- 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...
- 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...
- IRS imposes penalties for political contributions by... // hfm (Healthcare Financial Management);Feb96, Vol. 50 Issue 2, p7
Looks at the excise tax imposed by the Internal Revenue Service (IRS) on tax-exempt organizations that improperly contribute funds to political campaigns. Statement by Paul Accettura, assistant branch chief of Employee Benefits and Exempt Organizations, IRS.
- Give them a firm embrace. Bell, Clark W. // Modern Healthcare;03/26/2001, Vol. 31 Issue 13, p32
Urges hospitals in the United States to follow the United States Internal Revenue Service (IRS) guidelines, which seek information on how and why they deserve tax-exempt status. Requirements imposed by the IRS for hospitals; Some of the questions an IRS agent might ask.
- Post 990s online, report urges. Becker, Cinda // Modern Healthcare;10/22/2007, Vol. 37 Issue 42, p17
The article focuses on a report from the Panel on the Nonprofit Sector which encourages not-for-profit organizations to post their U.S. Internal Revenue Service Form 990s online. The panel is suggesting that at least two-thirds of a not-for-profit's board of directors should be independent. The...
- Market Segment Studies Expanded. // Practical Accountant;Mar2003, Vol. 36 Issue 3, p16
Reports that the Exempt Organizations function of the Tax Exempt and Government Entities division of the U.S. Internal Revenue Service is holding national market studies of customer groups within the exempt organization community.