The Philippines Charitable Giving Assistance Act, enacted March 25, 2014, allows taxpayers who make cash contributions on or before April 14, 2014 for Philippines typhoon relief to claim charitable deductions for the contributions on their 2013 returns. Eligible contributions may be claimed on either a 2013 or 2014 return, but not both. “Cash” contributions include …
Posts Categorized: IRS
IRS Fixes Retroactive Automatic Revocation Catch-22
You probably know that it can take a very long time for the IRS to review your organization’s exemption application. What you may not know is that a new nonprofit is required to file its Form 990, 990EZ, or 990N-ePostcard even while its application is pending. This means that it is possible that by the …
Contempt Charges Against Lerner Green Lighted
Lawyers for the House of Representatives have concluded that the House Oversight and Government Reform Committee has legal standing to pursue contempt charges against Lois Lerner. Lerner is the former head of the exempt organizations division of the IRS. The contempt charge comes from Lerner’s refusal to testify before the Committee earlier this month. The …
Big Trouble for College Football?
Today the Chicago District of the National Relations Board ruled that football players at Northwestern University are employees and can unionize. The Board found that players’ scholarships are tied directly to their performance on the field, they are working between 20-50 hours per week, and they are generating millions of dollars for the university. This …
Where's My Application? Good Question.
Until January 2014, you could go to the IRS website to find the answer to the question, where in the queue is my exemption application? For example, if in January you visited the IRS’s “Where Is My Application?” webpage, it reported that the IRS was “assigning applications received in May 2012.” As of last month, …
House Releases Scathing Report on Lerner
Lois Lerner, former head of the IRS division on exempt organizations, may have pleaded the Fifth (twice), but that has not stopped the House Oversight and Government Reform Committee from issuing a damning report about Lerner’s role in the recent 501(c)(4) scandal. Released Tuesday, the report accuses Lerner of leading efforts to scrutinize conservative groups, …