January 1988

• "National Foundation" Presents Unique Ideas, IRS Concerns [National Foundation, Inc. v. United States]

• House Tax Bill Writers Warn on Charitable Deduction Abuses

• IRS Rules on Political Exempt Expenditures [Rev. rul. 87-119]

• Giving Rules for Bank Debt to Conservation Groups Changing

• Firefighters' Association Held to be Tax-Exempt [Rev. Rul. 87-126]

February 1988

• 1987's Last Gasp for Nonprofits: More Tax Reform

• Foundation Income Distribution Rule Clarified [Stanley O. Miller Charitable Fund v. Commissioner]

• University Loses on Sexual Preference Issues [Gay Rights Coalition of Georgetown University Law Center and District of Columbia v. Georgetown University]

March 1988

• 1987 Reform Rules Amplified by IRS

• IRS: Action on Judicial Nominations Is "Legislation"

• U.S. Supreme Court reviewing Fund-Raising Case [National Federation of the Blind of North Carolina v. Riley]

• Book Series for Nonprofit Organizations, Managers, and Advisors Launched

April 1988

• IRS Reworking Proposed Public Charity Lobbying Regulations

• IRS Exempt Organization Advisory Group Meets

• Bargain Sale Regulations Finalized

May 1988

• Unrelated Income Proposals Unveiled; Would Have Big Impact

• Oversight Subcommittee Examines Nonprofits' Penalty Provisions

• Certain Charitable Groups Exempt From Reporting on Informant Compensation

June 1988

• Tax Law Revision in 1988?

• Unrelated Income Tax Law Revisions Progressing

• Technical Corrections Bills Introduced

• What Is Going On at the Supreme Court?

• Fraternity Magazine Held Not "Educational," Resulting in Taxation [Phi Delta Theta Fraternity v. Commissioner]

• IRS Exempt Organizations Offices Reorganizing

July 1988

• Gift Property Substantiation and Appraisal Rules Issued

• UBIT Proposals Being Finalized

• Trustee's Discretion Disqualifies Lead Interest [Rev. Rul. 88-27]

August 1988

• Charitable Gift Receipt and Recordkeeping Regs Finalized

• Supreme Court Upholds Club Discrimination Ban [New York State Club Association v. New York City]

• Supreme Court Decides Procedural Issue in Catholic Church Exemption Case [Abortion Rights Mobilization, Inc. v. Baker]

• IRS Proposes Scholarship Exclusion Regulations

• IRS Reverses on Deferred Compensation Issue [Notice 88-68]

September 1988

• IRS Commissioner Asks Charities' Help in Curbing Fund-Raising Abuses

• Supreme Court Favorably Decides Fund-Raising Case [Riley v. National Federation of the Blind of North Carolina, Inc.]

• Adjunct Theory Held to Lack Broad Application [Knights of Columbus Building Association of Stanford, Connecticut, Inc. v. United States]

• Deductions Denied for Gifts of Royalty, Net Profits Interests [Rev. Rul. 88-37]

• IRS Again Provides Guidance as to Section 457 Plans [Notice 88-98]

October 1988

• IRS Seeking Public Comment on Political Activities Issue [Ann. 88-114]

• IRS Holds Hearing on Corporate Gift Appraisal Rules

• IRS Revising Gift Property Returns and Forms

• IRS Advises on Earmarked Funds as Public Support [Gen. Coun. Mem. 39748]

• Private Foundation Tax Assessment Period Interpreted [Cline v. Commissioner]

• Technical Corrections Act Advancing in Congress

November 1988

• Technical Corrections Act Passed as 100th Congress Adjourns

• Bar Association Candidate-Rating Opinion Reversed [The Association of the Bar of the City of New York v. Commissioner]

• Advertising Losses Not Allowed Against Other Unrelated Income [West Virginia State Medical Association v. Commissioner]

December 1988

• A More Detailed Summary of the Technical Corrections Act

• IRS Issues Guidelines on Fund-Raising Disclosure and Other 1987 Law Revisions [IR-88-154]

• IRS Provides New Remainder Trust Sample Provisions [Rev. Rul. 88-81]

• Deduction Allowed for Annuity Interest Where Excess Income Added to Corpus [Rev. Rul. 88-2]