Tax Planning and Compliance for Tax-Exempt Organizations. Jody Blazek
Читать онлайн книгу.159 167
160 168
161 169
162 170
163 171
164 172
165 173
166 174
167 175
168 176
169 177
170 178
171 179
172 180
173 181
174 182
175 183
176 185
177 186
178 187
179 188
180 189
181 190
182 191
183 192
184 193
185 194
186 195
Wiley Nonprofit Authority
tax planning and compliance for tax-exempt organizations
sixth edition
Rules, Checklists, Procedures
2022 CUMULATIVE SUPPLEMENT
Jody Blazek
Copyright © 2022 by John Wiley & Sons, Inc. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor authors shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.
Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com.
Library of Congress Cataloging-in-Publication Data is Available:
ISBN 9781119540953 (main edition)
ISBN 9781119873631 (Paperback)
ISBN 9781119873655 (ePDF)
ISBN 9781119873648 (ePub)
Cover Design: Wiley
Cover Image: © Lugiaz/Shutterstock
Preface
The IRS's Tax Exempt and Government Entities (TE/GE) Division on an ongoing basis seeks to meet its responsibility to provide the best possible service to taxpayers as it administers its obligation to enforce the rules set forth in the federal tax code. Its role ranges from designing forms to writing instructions and memoranda to explain policies and procedures for filing tax returns, monitoring filing deadlines, and managing a trained staff to administer the tax filing system.
This supplement begins with a worrisome notice from IRS concerning their inability to promptly process and review materials taxpayers dutifully prepared on paper and properly sent to them in a timely manner according to deadlines they set:
The IRS encourages [means requires] organizations to file these forms electronically. If you file Form 990-EZ on paper, you may receive a prematurely-issued CP259A notice of non-filing. If you file Form 8868 on paper, there may be a delay in receiving a CP211A notice confirming approval of your extension request. If you filed your return or extension request on paper, you do not need to take any further action. Please don't file a second return or contact the IRS about the status of your filing. We appreciate your patience.
When it is urgent that IRS approval of tax-exemption as issued on the determination letter be available to a grantee or other interested party, the organization might consider requesting expedited consideration of qualification by the IRS.
CHAPTER 1 Distinguishing Characteristics of Tax-Exempt Organizations
§ 1.4 Role of the Internal Revenue Service
§ 1.8 Developments Responding to COVID-19 (a) CARES and SECURE Acts (b) IRS Delays in Tax Payment and Return Due Dates
§ 1.4 Role of the Internal Revenue Service
p. 15. Add at end of paragraph at top of page:
In