Tax Planning and Compliance for Tax-Exempt Organizations

Rules, Guides, Procedures

Jody Blazek, Jane M. Searing

• Publisher: Wiley
• Year: 2025
• Print ISBN:
  9781394317110
• Edition: 7
• eBook ISBN:
  9781394317257
• Topic: Business
• Subtopic: Nonprofit Organizations & Charities
• Index: Business

A hands-on roadmap to navigating the complicated maze of tax-exempt rules and regulations

In the newly revised seventh edition of Tax Planning and Compliance for Tax-Exempt Organizations: Rules, Checklists, Procedures, a team of celebrated tax and nonprofit specialists delivers a critical update to their widely read and authoritative series on nonprofit organization taxation. It's an essential guide to making sense of the complexities of nonprofit tax rules and regulations.

Packed with checklists and suggestions, this book tells you exactly how to understand—and comply with—the complicated maze of tax-exempt organization rules and regulations administered by the Internal Revenue Service.

In the book, you'll find:

• Extensive, quick-use checklists for determining tax-exempt eligibility, reporting to the IRS, and tax compliance
• Detailed instructions for submitting exemption applications and tax forms
• Sample documents, including organizational bylaws, letters of application, and completed IRS forms
• Tools and practice aids, like a comparison chart explaining the differences between public and private charities

Written by two of the leading authorities in a rapidly evolving field, Tax Planning and Compliance for Tax-Exempt Organizations dives deep into the most recent changes to the tax code, new case law and IRS rulings, and regulations promulgated since 2020. It's perfect for tax and accounting professionals everywhere.

Table of contents

• Cover
• Table of Contents
• Title Page
• Copyright
• Dedication
• Introduction: An Indispensable Roadmap for the Complex Maze of Tax‐Exempt Rules and Regulations
• CHAPTER 1: Distinguishing Characteristics ofTax‐Exempt Organizations
• CHAPTER 2: Qualifying Under IRC §501(c)(3)
• CHAPTER 3: Public Charities
• CHAPTER 4: Religious Organizations
• CHAPTER 5: Charitable Organizations
• CHAPTER 6: Other Charitable Organizations Qualifying Under IRC §501(c)(3) Charitable Purposes
• CHAPTER 7: Civic Leagues, Other Nonprofits, and Social Welfare Organizations Exempt Under IRC §501(c)(4)
• CHAPTER 8: Governmental Units, Component‐Created Entities, and Title‐Holding Corporations
• CHAPTER 9: Private Inurement and Intermediate Sanctions
• CHAPTER 10: Private Foundations—General Concepts
• CHAPTER 11: Excise Tax Based on Investment Income: IRC §4940
• CHAPTER 12: Self‐Dealing: IRC §4941
• CHAPTER 13: Minimum Distribution Requirements: IRC §4942
• CHAPTER 14: Excess Business Holdings and Jeopardizing Investments: IRC §§4943 and 4944
• CHAPTER 15: Taxable Expenditures: IRC §4945
• CHAPTER 16: IRS Filings, Procedures, and Policies
• CHAPTER 17: Unrelated Business Income
• CHAPTER 18: Relationships with Other Organizations and Businesses
• CHAPTER 19: Electioneering and Lobbying
• CHAPTER 20: Mergers, Reorganizations, and Terminations
• CHAPTER 21: Deductibility and Disclosures
• APPENDIX 1 Labor, Agricultural, and Horticultural Organizations: §501(c)(5)
• APPENDIX 2 Business Leagues: §501(c)(6)
• APPENDIX 3 Social Clubs: §501(c)(7)
• APPENDIX 4 Guides for Maintaining Exempt Status
• APPENDIX 5 Brief Description of Tax Sanctions Applicable to Private Foundations
• List of Exhibits
• About the Authors
• Index
• End User License Agreement