Information on fake charities; Revisions to Form 8976 registration system; Update to Revenue Procedure 75-50
June 27, 2019
Authored by: Keith Kehrer
Beware of fake charities
IRS cautions taxpayers on scams involving disasters, charitable causes andencourages taxpayers to donate to recognized charities to help disaster victims. IRS’ annual “Dirty Dozen” also lists a variety of common scams taxpayers may encounter.
Understanding Disaster Relief Tax Law and Contribution Deductibility
The IRS offers two courses – Disaster Relief – Parts 1 and II – for charitable organizations providing disaster relief. Topics include how charities may provide disaster relief, deductibility of contributions and tax treatment of relief recipients. Organization leadership and volunteers should review the Tax-Exempt Organization Workshop that includes important information on the benefits, limitations and expectations of tax-exempt organizations.
Revisions made to IRS Online Registration System for 501(c)(4) Certification
Organizations required to submit Form 8976, Notice of Intent to Operate Under Section 501(c)(4), will notice a new look and improved navigation at the Online Registration System for 501(c)(4) Certification webpage.
Revenue Procedure 2019-22
This revenue procedure modifies Revenue Procedure 75-50 to allow a third method for private schools to satisfy the requirement contained in Section 4.03 of the revenue procedure by using its primary publicly accessible Internet homepage to publicize the school’s racially nondiscriminatory policy.
Register for 2019 IRS Nationwide Tax Forums
The IRS reminds tax professionals to sign up for this summer’s 2019 IRS Nationwide Tax Forums. Tax professionals attending can earn up to 19 continuing education credits.