Tax Exempt Organizations

Slides

Proposed Regulations - NOLs and UBIT (April 24, 2020) (Notice 2018-67 provides guidance that can still be applicable per proposed regulations)

Nonprofit Corporation Could Not Issue Stock, Thus No S Election Was Possible (September 2020)

Form 1023 Must Be Filed Electronically By Organizations Applying for §501(c)(3) Exempt Status (February 2020)

Charities Given Guidance on Responsibilities When Receiving Donation of Virtual Currency (January 2020)

Coffeehouse Could Not Qualify as a §501(c)(3) Organization (August 2019)

Three Years Earlier: Religious Organization Formed to Operate Coffee Shop Denied Tax-Exempt Status (November 2016)

Organization Operated for Significant Purpose to Benefit For Profit Business, Exempt Status Retroactively Lost (July 2019)

IRS Issues Final Regulations on Streamlined Applications for §501(c)(3) Exempt Organization Status (June 2017)

Capital Gymnastics Booster Club v. Commissioner, T.C. Memo. 2013-193 - “Moocher” rules terminate §501(c)(3) status