The 2008 Nonprofit Counsel Summaries
January 2008
-
House Passes Extenders Legislation [H.R. 3996]
-
IRS Launches Examination Program Concerning Charitable Contribution Scheme
-
Health Care Roundtable Discussion Held
-
Sen. Grassley Trains Attention on Evangelical Church Ministries
-
IRS Issues Proposed, Temporary Regulations on Submission of E-Postcard [REG-104942-07, T.D. 9366]
-
Sen. Grassley Touts His Achievements in Nonprofit Law
-
TE/GE Commissioner Speaks Out Again on Forces, Governance
-
Court Enjoins Enforcement of Down-Payment-Assistance Rule [AmeriDream, Inc. et al. v. Jackson]
-
Substantial Compliance Doctrine Held Inapplicable in CRT Context [Estate of Tamulis v. Commissioner]
February 2008
-
IRS Releases Redesigned Form 990 for 2008
-
IRS Issues FY 2008 Implementing Guidelines
-
TIGTA Pokes IRS About TEDS [2008-10-025]
-
Proposed Stock Redemptions Ruled Not Direct or Indirect Self-Dealing [PLR 200750020]
-
Court Voids Deductions for Failure to Comply with Appraisal, Reporting Rules [Smith v. Commissioner]
-
Charitable Sales Promotions and Year-End Giving
March 2008
-
Technical Corrections Act Signed Into Law [P.L. No. 110-172]
-
Summary of Redesigned Form 990
-
IRS Provides Transition Relief for Charitable Trusts That Lost SO III Status [Notice 2008-6]
-
Pressure Building on Endowment Payouts
-
IRS Issues Procedural Rules for 2008 [Rev. Procs. 2008-1 through 2008-9]
April 2008
-
Appeals Court Affirms Vision Service Plan Case [Vision Service Plan, Inc. v. United States]
-
IRS Outlines Exempt Organizations Complaint Process [FS-2008-13]
-
IRS Summarizes Examination, Compliance Check Processes [FS-2008-14]
-
Seller of Bluetooth Brand Held Not an Exempt Business League [Bluetooth SIG, Inc. v. United States]
-
Credit Counseling Organization Denied Tax Exemption [Solutions Plus, Inc. v. Commissioner]
-
CRS Updates Report on Political Organizations
-
IRS Updates Statistics on Tax-Exempt Organizations
-
IRS Updates Statistics on Private Foundations, Charitable Trusts
-
President's FY 2009 Proposed Budget Includes Tax Law Proposals
May 2008
-
IRS Jettisons Draft Governance Code; Ties Principles to Form 990
-
IRS Issues Final Private Inurement, Private Benefit, Intermediate Sanctions Regulations [T.D. 9390]
-
IRS Proposes Regulations Concerning Receipt of UBTI by Remainder Trusts [REG-127391-07]
-
TIGTA Concludes ROO Improvements Needed [2008-10-057]
-
Reasonable Compensation Case Litigation May Be Over [E. J. Harrison & Sons, Inc. v. Commissioner]
June 2008
-
Treasury, IRS Issue Update to 2007-2008 Priority Guidance Plan
-
Finance Committee Leadership Introduces Extenders Bill [S. 2886]
-
Exempt Organizations Division Director Issues Memorandum on Political Activities
-
IRS Issues Draft Form 990 Instructions -Part One
-
IRS Issues Final Regulations Concerning Information Returns Regarding Contributions of Intellectual Property [T.D. 9392]
-
Court Holds IRS Abused Discretion in Retroactively Revoking Exemption [Democratic Leadership Council, Inc. v. United States]
July 2008
-
Conservation Easement Deduction Provision Enacted Despite Veto [H.R. 2419]
-
House Passes Extenders Legislation [H.R. 6049]
-
Case Highlights Emerging IRS Stance on Exemption Qualification [Exploratory Research, Inc. v. Commissioner]
-
IRS Provides Additional Interim Guidance on Form 990-T Disclosure Rules [Notice 2008-49]
-
Intermediate Sanctions Taxes Ruled Taxes for Interest Accrual Purposes [CCAM 200819017]
-
IRS Issues Draft Form 990 Instructions -Part Two
-
Church Found To Not Violate Political Activities Rules Because of Obama Speech
-
TE/GE Commissioner Speaks Out (Again) on Goverance, IRS Operations
-
Court Rules on Deference Given to Revenue Procedures [Tualatin Valley Builders Supply, Inc. v. United States]
-
JCT Revising Approach on Tax Expenditures [JCX-37-08]
August 2008
-
IRS Issues Final Regulations Concerning Receipt of UBTI By Remainder Trusts [T.D. 9403]
-
NYT Takes Measure of Charitable Sector
-
IRS Rules Restructuring Plan Will Eliminate Excess Business Holdings [PLR 200825050]
-
Churches and Politics: New Developments
-
TIGTA Lightly Rebukes TE/GE Division on PACI [2008-10-117]
-
Millionaires' Amendment Ruled Unconstitutional [Davis v. FEC]
September 2008
-
Housing Legislation Bans Seller-Funded Down-Payment Assistance [H.R. 3221]
-
IRS Issues Ruling Concerning Division of Remainder Trusts [Rev. Rul. 2008-41]
-
IRS Rules Entity is a Social Welfare Organization, Not a Business League [TAM 200829029]
-
Stock Valuation for Charitable Deduction Held Inflated; Penalties Imposed [Bergquist v. Commissioner]
-
Efforts Underway to Change Fractional Interest Deduction Rules
-
IRS Issues New Statistics on Individual Noncash Contributions
October 2008
-
This Is the Ruling We Warned You About [PLR 200830028]
-
IRS Issues Package of Proposed Substantiation and Reporting Rules [REG-140029-07]
-
IRS Issues Instructions for Redesigned Form 990 [IR-2008-98]
-
IRS Memo Concerns Public Charity Political Activity on Internet
-
Guidelines Issued for Applications Submitted by Supporting Organizations with Donor-Advised Funds
-
Legislative Interest in Vehicle Use Deduction
November 2008
-
Treasury, IRS Issue 2008-2009 Priority Guidance Plan
-
IRS Issues Form 990 Implementing Regulations [T.D. 9423, REG-142333-07]
-
Down-Payment Assistance Case Filed in District Court [Family Home Providers, Inc. v. IRS]
-
Sen. Grassley Inquires Into Two University-Affiliated Hospitals
-
IRS Updates Its Tax Guide for Religious Organizations
-
Roundtable Discussion Held on Tuition and Endowment Payouts
December 2008
-
Tax Law Extenders Legislation Signed Into Law [H.R. 1424]
-
House Passes Charity Enhancement Act of 2008 [H.R. 7083]
-
College and University Compliance-Check Project is Underway [IR-2008-112; Form 14018]
-
GAO Responds to Sen. Grassley on Hospital Community Benefit Requirements [GAO-08-880]
-
IRS Issues Inflation Adjustments For 2009 [Rev. Proc. 2008-66]