Proposed regs. clarify reporting requirements for tax-exempt organizations

by Dave Strausfeld, J.D. | Sep 11, 2019   ()

Tax-exempt organizations will be able to find most of their reporting requirements in one place under regulations the IRS proposed Friday (REG-102508-16). The rulemaking mainly consolidates existing subregulatory guidance in one location, while also responding to a recent court decision that held invalid the agency’s attempt to change certain donor-reporting rules.
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Source: Journal of Accountancy

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