We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 31

Congressional proposals for nonprofit tax breaks and extenders

  • McGuireWoods LLP
  • -
  • USA
  • -
  • March 3 2015

In February, the House of Representatives passed several tax bills and the Senate Finance Committee approved several tax bills that, if ultimately

IRS posts list of organizations that lost tax-exempt status and announces procedures for reinstatement of exemption

  • McGuireWoods LLP
  • -
  • USA
  • -
  • June 10 2011

On June 7, 2011, the IRS announced that approximately 275,000 organizations automatically lost their tax-exempt status under new rules enacted in 2006 because they failed to file the required annual federal returns for three consecutive years

The importance of transparency in class settlements

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 21 2011

Most professional objectors are fee-seekers (or, as one court called them, "remoras"

IRS hot button issues put exempt organizations at risk for penalties

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 9 2011

The biggest area of IRS audit concentration regarding noncompliance related to governance issues for tax-exempt groups is executive compensation, according to IRS Director of Exempt Organizations Lois Lerner

Is Congress tipping its hand on the future of charities and charitable deductions?

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 11 2011

Tax-exempt organizations should be aware of expected hearings to discuss making certain temporary provisions and charitable giving incentives, such as the IRA charitable rollover provision, permanent for the tax-exempt community, according to a Senate Finance Committee aide at the recent Tax Section meeting of the American Bar Association in Washington, D.C

IRS suspends for further study contributions to 501(c)(4) organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 7 2011

In a directive issued today to IRS offices, the Service is suspending any further examination activity on the gift tax treatment of contributions to 501(c)(4) organizations

Tax-exempt bond compliance reporting given a mixed grade by IRS

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 18 2011

The IRS Tax Exempt Government Entities Division has published a final report on its Tax-Exempt Charitable Financings Compliance Check Questionnaire and Governmental Bond Financings Compliance Check Questionnaire projects

Nonprofit healthcare: what does the future hold?

  • McGuireWoods LLP
  • -
  • USA
  • -
  • August 4 2011

It didn’t come as any surprise to healthcare providers that when the Patient Protection and Affordable Care Act (PPACA) was passed last year, legislators managed to work in a few provisions about requirements for nonprofit healthcare providers

The literary class action II - Three Cups of Tea

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 17 2011

Greg Mortenson turned a passion for mountain-climbing and an interest in helping the women of Central Asia into a multimillion dollar charitable foundation and a bestselling book

CBO study examines options for charitable giving and tax consequences

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 27 2011

Congress and the Obama administration are looking closely at options to revise or replace the current charitable deduction