January 1996

• Congress Passes Tax Legislation, Which Is Vetoed; Negotiations For New Package Continue

• Quick Guide to the Act

February 1996

• Final Private Foundation Self-Dealing Regulations Issued

• Final Integrated Auxiliary Regulations Issued

• Other Church-Related Entities Exempted From Annual Filings [Rev. Proc. 96-10]

• IRS Updates Its Views on Museums and the UBIT [TAM 9550003]

• IRS Surveys Trade Association's Programs, Finds Unrelated Business [TAM 9550001]

• 1996 Inflation Adjustments Provided by IRS [Rev. Proc. 95-53]

• Lobbying Disclosure Act: What It Means For Nonprofits

March 1996

• Hospitals' Insurance Funds Held Not Tax-Exempt Cooperatives [Florida Hospital Trust Fund v. Commissioner]

• A Look At the Intricacies of the Neighborhood Land Rule [PLR 9603019]

• Two Private Foundations Fully Sidestep Self-Dealing, One Partially [PLRs 9601048, 9604031, 9604006]

• PAC Grants to Foundation Held Not to be Personal Use of Funds [PLR 9603017]

• Organization Loses In Effort to Remain a Church by Procedural Maneuver [Gates Community Chapel of Rochester, Inc. d/b/a Freedom Village USA v. United States]

• IRS Proposes Anti-Exemption Labor Organizations Regulation

April 1996

• Treasury, IRS List Guidance Priorities for 1996

• Tax Court Again Finds Affinity Card Revenue Nontaxable [Oregon State University Alumni Association, Inc. v. Commissioner]

• Lobbying Disclosure Act: An Update

• Management Services to Related Organization Held Exempt Function [TAM 9608003]

• IRS Approves Foundation's Loan and Grant to Research Partnership [PLR 9608039]

• Club Taxable on Timber Proceeds Because It Failed Reinvestment Rule [TAM 9608002]

May 1996

• Intermediate Sanctions Promptly Resurrected

• House Passes Health Bill, Which Includes New Exempt Organization

• IRS Rethinking Favorable Self-Dealing Ruling [PLR 9610032, withdrawing PLR 9540042]

• Insurance Activities Held to be Unrelated Business [TAM 9612003]

• Tax Treatment of Gifts to Foundation to Fulfill Its Pledge [PLR 9611047]

June 1996

• Intermediate Sanction Pass House

• IRS Rules Physician Compensation Not Private Inurement Nor Undue Benefit [PLR 9615030]

• Promotional Activities by Farm Bureau Federation Held Related Business [Ohio Farm Bureau Federation, Inc. v. Commissioner]

• No Self-Dealing When Foundation Assumes For-Profit Company's Program [PLR 9614003]

• IRS Finds Transfer of Assets From Estate Not Jeopardizing Investment [PLR 9614002]

July 1996

• Intermediate Sanctions: Where We Are

• IRS Issues Guidance as to Low-Income Housing Charities [Rev. Proc. 96-32]

• Free Rental Space Involving Exempt Organizations Held Related Business [PLR 9615045]

• Sales of Property Interests Held Not a Business, So No Taxable Income [PLR 9619068]

• Interorganizational Indebtedness Does Not Cause Unrelated Debt-Financed Property [PLR 9619077]

• IRS Proposes Audit Guidelines for Exempt Rural Electric Cooperatives [Ann. 96-24]

• No Need to File to Change Accounting Period Because of FASB Requirements [Notice 96-30]

August 1996

• Returns Processing to be Centralized in Ogden [Ann. 96-63]

• Appeals Court Affirms, Reverses, and Remands in Royalty Case [Sierra Club, Inc. v. Commissioner]

• In For-Profit Corporation Case, Executive's Compensation Held Unreasonable [Rapco, Inc. v. Commissioner]

• Museum Related to Taxable University Held Tax-Exempt [Bob Jones University Museum and Gallery, Inc. v. Commissioner]

• School Selling 8,500 Acres Over 25 Years Held Not Engaged in Unrelated Business [PLR 9619069]

September 1996

• Intermediate Sanctions Become Law

• New Law Brings Other Rules

• Account Collateralization Triggers Self-Dealing Taxes, Exemptio Loss [TAM 9627001]

• Exempt Membership Organization's Dues Held Unrelated Business Income [National League of Postmasters of the United States v. Commissioner]

• Insurer of Member Accounts Held an Exempt Business League [Credit Union Insurance Corporation v. United States]

• IRS Interprets Political Entity Funding Rules, Applies Political Organization Tax [TAM 9622002]

• Structural Tax Reform -- Impact on Tax-Exempt Organizations -- Part One

October 1996

• Small Business Tax Bill Includes Exempt Organization Provisions

• Insurance Reform Bill Includes Exempt Organization Provisions

• Group Insurance Plans Sponsorship Revenue Held Not Taxable as UBI [American Academy of Family Physicians v. United States]

• IRS Clarifies Pooled Fund Maintenance Requirements for Community Trusts [Rev. Rul. 96-38]

• Group Exemption Reporting Centralized

• Court Rejects Tax Exemption Sought by Entities Serving Hospitals and Schools [University Medical Resident Services, P.C. v. Commissioner]

• IRS Issues Intermediate Sanctions Filing Guidance [Notice 96-46]

November 1996

• IRS Find Candidate-Rating Forums to be Political Activity, Imposes Tax [TAM 9635003]

• IRS Finds Constructive Taxable Income in Mailing List Exchanges [TAM 9635001]

• Structural Tax Reform: Impact on Tax-Exempt Organizations -- Part Two

December 1996

• Election Aftermath: More Revocations, New Laws?

• Surplus Goods Purchase Program Ruled to Advance Charitable Functions [PLR 9641011]

• Partnership Investment Scheme Held to Not Adversely Affect Foundation's Exemption [PLR 9642051]

• Fund-Raising Regulation Report

• Certain Voter Registration Efforts Ruled Not Taxable Expenditures -- Part I [PLR 9640021]