The 1992 Nonprofit Counsel Summaries
January 1992
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Participation in Joint Venture Is Per Se Private Inurement [Gen Coun. Mem. 39862]
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IRS Unveils New Reporting Requirements for Nonelecting Lobbying Public Charities
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State University Told It Must File Form 990 [Gen. Coun. Mem. 39860]
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Impact of the New Civil Rights Act on Nonprofit Organizations (Part One)
February 1992
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Court of Appeals Applies Commerciality Doctrine [Living Faith, Inc. v. Commissioner]
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IRS Proposes Donor Recognition Guidelines [Ann. 92-15]
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Impact of the New Civil Rights Act on Nonprofit Organizations (Part Two)
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IRS Publishes Forms and Instructions
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IRS Instructs Agents on Second Phase of Fund-Raising Audits
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"Living on Leftoevers": A Perspective
March 1992
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Tax Legislation on Fast Track
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IRS Disseminates Fund-Raising Audit Instructions to its Agents
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Bill Introduced to Extend Self-Dealing Rules to Health Organizations
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Pension Plan Held Tax-Exempt as Labor Union [Morganbesser v. United States]
April 1992
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Tax Bill Vetoed
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Integration of Individual and Corporate Taxes: Impact on Tax-Exempt Organizations
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Multistate Regulation of Charitable Solicitations
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Bill Introduced to Extend Self-Dealing Rules to Health Organizations (Part Two)
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Tax Court Denies Charitable Deduction Because of Tax-Based Changes in Trust [La Meres Estate v. Commissioner]
May 1992
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IRS Issues Revised Hospital Audit Guidelines
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Russian Law on Nonprofit Organizations Advancing
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Charitable Lead Trust Denied Deduction for Excess Payments [Rebecca K. Crown Income Charitable Fund v. Commissioner]"First-In, First-Out" Construction of Bargain Sale Rules Rejected [Hodgdon v. Commissioner]
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Organization Held to Not be a Political Organization [Texas Learning Technology Group v. Commissioner]
June 1992
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IRS Warns Against Political Activity by Charitable Organizations [Ann. 92-57]
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IRS Creates Amnesty Program for Hospitals [Ann. 92-70]
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IRS Holds "Town Meeting" on Annual Returns
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IRS Enforcement Practices: Some Thoughts
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Declaratory Judgment Jurisdiction Found [Anclote Psychiatric Center, Inc. v. Commissioner]
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"You're Outta Here": Not a Charitable Impulse [Westward Ho v. Commissioner]
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A Look at the New Florida Charitable Solicitation Act (Part One)
July 1992
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IRS to Hold Hearing on Draft Corporate Sponsorship Guidelines
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Parade of Legislation
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Declaratory Judgment Suit Dismissed for Lack of Jurisdiction [Founding Church of Scientology of Washington, D.C. v. United States]
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“What Can I Do For America Act": A Summary
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The Peace Tax Bill
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Tax-Exempt Organizations and the Media: A Commentary (Part One)
August 1992
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Exempt Organizations Tax Bills Advancing
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Supreme Court Upholds Fund-Raising Ban in Airports [International Society for Krishna Consciousness, Inc. v. Lee]
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Fund-Raising and the Supreme Court: A Commentary
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Tax-Exempt Organizations and the Media: A Commentary (Part Two)
September 1992
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Congress Adjourns, Tax Bill Consideration Started in Senate
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Tax-Exempt Organizations and the Media: A Commentary (Part Three)
October 1992
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Tax Bill Languishing
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Court Finds Foundation Manager Liable for Excise Taxes [Thorne v. Commissioner]
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Testamentary Unitrust Rule Clarified, Language Provided [Rev. Rul. 92-57]
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IRS Adjusts Low-Cost Article Amounts for Inflation [Rev. Rul. 92-58]
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A Look at the New Florida Charitable Solicitation Act (Part Two)
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Oregon Law Contains New Form of Fund-Raising Regulation
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Third Party Charges by Telephone Cooperatives Held to be Taxable [Notice 92-33]
November 1992
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Will He or Won't He?
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Unincorporated Nonprofit Associations Act Completed
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Contribution Under PAC Matching Program Held Nondeductible [Gen. Coun. Mem. 39877]
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IRS Finalizes Investment Income Regulations
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New Fund-Raising Cost Study Underway
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Appeals Court Rejects Valuation Rule [Krapf v. United States]
December 1992
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He Vetoed It
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IRS Issues Simplified Procedures for Foundation Grants to Foreign Charities [Rev. Proc. 92-94]
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Court Provides New Twist on Definition of "Insurable Interest" [Hopkins v. Hopkins]
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Criminal Liability Found For Lying About Cheating on Nonprofit Organization's Exam
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IRS Proposes Partial Interest Valuation Regulations
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Investment Management Subsidiary of University Held Tax-Exempt [PLR 9242002]