EO Update: e-News for Charities & Nonprofits - April 17, 2014

  1.  Register for the Form 990 Filing Tips webcast presentationThursday, May 8, 2 pm, ETTopics include:

  • Preparing the Form 990-series return
  • Managing legal risks more effectively
  • Avoiding penalties
  • Explaining Unrelated Business Income
  • Highlighting online resources
  • Promoting EO resources

To receive CE credit (and a certificate of completion) you must view the presentation for a minimum of 50 minutes.

Register here.


  2.  IRS Commissioner speaks at National Press Club


Read the April 2 speech by John A. Koskinen.


  3.  IRS issues guidance on treatment of unrelated business income of state chartered credit


This memo provides directions to examiners in the processing of unrelated business income tax issues of organizations described in section 501(c)(14)(A) of the Internal Revenue Code.


  4.  Don’t include Social Security numbers on publicly disclosed forms


Because the IRS is required to disclose approved exemption applications and information returns, tax-exempt organizations should not include personal information, such as Social Security numbers, on these forms.


  5.  IRS phone forum Q&As/presentations posted


See responses to inquiries from attendees of these recent phone forums:

  • Good Governance Makes Sense for Charitable Organizations
  • ABCs of Charitable Contributions for 501(c)(3) Organizations

Review recently posted phone forum presentations posted on the
IRS Stay Exempt Resource Library page:

  • Charities and Their Volunteers
  • 501(c)(7) Social Clubs: What they need to know to qualify for and maintain tax-exempt status
  • Exempt Organizations and Employment Issues

  6.  Register for EO workshop


Register for our upcoming workshop for small and medium-sized
501(c)(3) organizations on:

  • April 30 – Provo, UT
    Hosted by Brigham Young University – Marriott School

If you have a technical or procedural question relating to Exempt Organizations, visit theCharities and Nonprofits homepage on the IRS.gov Web site.

If you have a specific question about exempt organizations, call EO Customer Account Services at 1-877-829-5500.



Copyright © 2024 Bond Case Briefs | bondcasebriefs.com