OUR THOUGHTS ON:

SORT OPTIONS: Most Recent | Most Viewed

IRS to Revise Form 1023-EZ, Streamlined Application for Recognition of Exemption

On July 1, 2014, the Internal Revenue Service (IRS) introduced the highly scrutinized Form 1023-EZ, Streamline Application for Recognition of Exemption ... read more >

President Trump Signs Executive Order to Prevent IRS from Enforcing Sanctions on Churches for Engaging in Political Activities

In 1954, then-Senator Lyndon Johnson introduced a bill known today as the Johnson Amendment that was signed into law under 501(c)(3) of the Internal Revenue ... read more >

PATH Act of 2015 Requires Renewal of All ITIN Numbers Issued before 2013

Purpose of an ITIN Number The IRS issues Individual Taxpayer Identification Numbers (ITIN) to individuals who have U.S. tax filings and who do not have, ... read more >

501(c)(4) "Social Welfare" Organizations - Change to IRS Regulations for Newly Formed Organizations

The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) included a provision that requires 501(c)(4) organizations to notify the Secretary of ... read more >

Protecting Donors of Tax-Exempt Organizations - Bill Passes House

On April 26, 2016, H.R.#5053, Preventing IRS Abuse and Protecting Free Speech Act, was introduced by the sponsor and author, Congressman Peter Roskam (R-IL). ... read more >

1098-T Change in Reporting Requirements Pushed Back to the 2017 Filing Year

Prior to the passing of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) in December 2015, educational institutions had the option on Form ... read more >

Form 990 Automatic Six-Month Extension and FinCEN Report 114 Change in Due Date Passed by the House and Senate

On July 28, 2015, U.S. Representative Bill Shuster (R-PA) introduced Legislation Bill H.R.3236 - Surface Transportation and Veterans Health Care Choice ... read more >