TREASURY, IRS ISSUE 2008-2009 PRIORITY GUIDANCE PLAN

The Department of the Treasury and the IRS, on September 10, announced their 2008-2009 Priority Guidance Plan. The overall plan entails 314 tax law projects. Here are some of the tax-exempt organizations projects in this plan: 1. guidance on a voluntary compliance program for tax-exempt organization...

Full description

Saved in:
Bibliographic Details
Published inBruce R. Hopkins' nonprofit counsel Vol. 25; no. 11; p. 1
Main Author Annonymous
Format Journal Article
LanguageEnglish
Published Hoboken Wiley Periodicals Inc 01.11.2008
Subjects
Charitable tax deductions
Donations
Nonprofit hospitals
Tax exempt organizations
Tax regulations
United States > US
Online AccessGet full text

Cover

More Information
Summary:The Department of the Treasury and the IRS, on September 10, announced their 2008-2009 Priority Guidance Plan. The overall plan entails 314 tax law projects. Here are some of the tax-exempt organizations projects in this plan: 1. guidance on a voluntary compliance program for tax-exempt organizations, 2. revenue procedure to modify Rev. Proc. 75-50 as to the publication requirement by private schools as to their nondiscrimination policy, and 3. proposed regulations regarding the law changes enacted in 2006 applicable to supporting organizations. Some of the charitable giving deduction provisions in the plan include guidance regarding charitable contributions of inventory and adjustments to prototype charitable trust forms under IRC Section 664.
ISSN:1542-8419
1542-8427