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Real property exemption for newly acquired property
  • Bricker & Eckler LLP
  • USA
  • October 25 2012

One issue we frequently encounter relates to the acquisition of property by a charitable entity


Business affiliates should be mindful of maintaining formalities
  • Bricker & Eckler LLP
  • USA
  • March 24 2014

The Oregon attorney general recently asked the IRS to investigate the tax-exempt status of a nonprofit museum after an investigation into the


IRS begins audit of thousands of tax-exempt parent organizations having group rulings
  • Bricker & Eckler LLP
  • USA
  • November 1 2012

On October 15, 2012, the IRS began examinations of more than 2,000 tax-exempt organizations serving as parent organizations for group ruling purposes


When nonprofits must collect sales tax
  • Bricker & Eckler LLP
  • USA
  • December 3 2012

A short time ago, we posted an item regarding the payment of sales tax by an exempt entity on the purchases that it transacts


Possible extension of tax-free IRA charitable distribution provisions
  • Bricker & Eckler LLP
  • USA
  • December 29 2009

Three bills have been introduced in Congress that would extend a provision of the Pension Protection Act of 2006 (Pub. L. No. 109-280) that allowed tax-free distributions from individual retirement accounts for charitable purposes


Accounting for endowments and making disclosures in 2010 and beyond: FASB’s response to UPMIFA
  • Bricker & Eckler LLP
  • USA
  • December 29 2009

In June of 2009, Ohio enacted its version of the Uniform Prudent Management of Institutional Funds Act under O.R.C. 1715 (UPMIFA), which made changes to Ohio’s laws regarding spending and investment policies for institutional funds, including nonprofit endowment funds


IRS releases guide sheet on exempt organizations governance
  • Bricker & Eckler LLP
  • USA
  • December 29 2009

On December 10, the IRS released a new exempt organizations governance check sheet likely to assist agents in asking new questions about tax-exempt organizations’ governance practices


Non-profit hospitals charity care minimum eliminated from Baucus health care proposal
  • Bricker & Eckler LLP
  • USA
  • September 30 2009

The 5 percent minimum charity care requirement, which is being opposed by nonprofit hospitals, has been deleted from the health care reform proposal of Senate Finance Committee Chairman Max Baucus (D-Mont


IRS guidelines issued on processing certain exempt organizations requests
  • Bricker & Eckler LLP
  • USA
  • September 30 2009

The IRS (Director, Exempt Organizations Rulings and Agreements) has issued new exempt organization guidelines to assist IRS Exempt Organizations determination specialists with processing certain requests


IRS issues set of FAQs on reporting international activities
  • Bricker & Eckler LLP
  • USA
  • September 30 2009

The IRS has issued a set of frequently asked questions and answers for taxpayers reporting international activities of exempt organizations on Form 990 Schedule F