News & Analysis as of

Internal Revenue Service Compliance Tax Exempt Entities

The United States Internal Revenue Service is a bureau of the United States Department of the Treasury. The IRS is charged with collecting revenue and enforcing the Internal Revenue Code.  
White & Case LLP

Tax-Exempt Organizations Should Prepare Now For An IRS Tax Audit

White & Case LLP on

It is an uncertain time to be a tax-exempt public charity or private foundation. The federal government has recently scrutinized certain tax-exempt organizations (see here), and draft congressional legislation proposed a tax...more

Husch Blackwell LLP

Executive Order Highlights Risks to Nonprofit Tax-Exempt Status

Husch Blackwell LLP on

President Trump’s executive order (EO) “Restoring Public Service Loan Forgiveness,” issued March 7, 2025, sets limits on student loan forgiveness under the Public Service Loan Forgiveness (PLSF) program. But the language used...more

Skadden, Arps, Slate, Meagher & Flom LLP

An Overview of Federal Tax Filing Obligations for Political Action Committees

As those in the U.S. enter tax season, now is a good time to review and ensure company PACs are in compliance with federal tax law. As organizations that primarily engage in political activities, PACs are generally tax-exempt...more

Rivkin Radler LLP

Business Owner Borrows from Their Private Foundation – A Different Form of “For Profit Philanthropy”?

Rivkin Radler LLP on

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share some of their financial...more

BCLP

Tax Exempt and Government Entities Fiscal Year 2020 Accomplishments Letter

BCLP on

Tax Exempt and Government Entities is pleased to release our Fiscal Year 2020 Accomplishments Letter (PDF). Highlights of our accomplishments during the last fiscal year include...more

BCLP

New TE/GE Compliance Program Initiatives

BCLP on

TE/GE has updated its Compliance Program and Priorities webpage. This page provides information about initiatives under each of our compliance program’s six components that work together to promote compliance by tax-exempt...more

Faegre Drinker Biddle & Reath LLP

IRS Compliance Strategy: Excess Executive Compensation Paid by Tax-Exempt Organizations

Tax-exempt organizations that pay excess parachute payments or remuneration in excess of $1 million for a taxable year to “covered employees” need to be aware of a recently announced IRS compliance strategy...more

Akerman LLP - Health Law Rx

IRS Says Hospitals Must List Physicians in Financial Assistance Policies

On June 26, 2015, the Internal Revenue Service (IRS) issued guidance to clarify how charitable hospitals may comply with regulations issued by the Department of Treasury under the Patient Protection and Affordable Care Act...more

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