A practical guide to handling the challenges facing tax-exempt
organizations, written by a leading authority
Tax Planning and Compliance for Tax-Exempt Organizations, Sixth
Edition ensures that you have the practical knowledge to handle
critical tax situations. This book provides guidance for the significant
issues facing nonprofit organizations. It's an essential guide to
navigating the complexities of nonprofit tax rules and regulations.
Packed with checklists and suggestions starting with Exhibit 1.1,
Organizations Reference Chart and Exhibit 1.2, Suitability for
Tax-Exempt Status, this guide helps anyone that creates, advises, or
manages a nonprofit organization.
Now, you can better understand the requirements for various categories
of tax-exempt organizations: public charities, private foundations,
civic associations, business leagues, and social clubs, as well as
title-holding companies and governmental entities. You'll discover
practical guidance on the issue of potentially owing income tax on
revenue-producing enterprises. Clear explanations cover the many
exceptions to taxability. Tax issues related to internet activity,
advertising, publishing, services, and much more are all addressed in
this tax planning guide designed specifically for nonprofit and
tax-exempt nonprofit organizations.
- Use extensive quick checklists that cover tax-exempt eligibility,
reporting to the IRS, and tax compliance
- Find detailed instructions for submitting a variety of exemption
applications and tax forms
- See sample documents, such as organizational bylaws, letters of
application, and completed IRS forms
- Refer to tools and practice aids, such as a comparison chart
summarizing the differences between public and private charitable
organizations
Written by one of the leading authorities in the field, the book also
delves into recent tax law changes affecting nonprofits and other
tax-exempt organizations. This indispensable guide can offer direction
and support if you are challenged to successfully navigate the complex
maze of nonprofit tax rules and regulations.
