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IRS Revises EIN Application Policy, Now Requires an Individual to be Listed as the “Responsible Party”

The IRS announced on March 27, 2019 that in an effort to enhance security and improve transparency, the “responsible party” on applications for an employer identification number (EIN) must now be a natural person.

An EIN is the tax identification number assigned to entities such as trusts, estates, retirement plans, LLCs, partnerships, and corporations.  An entity obtains such a number by completing the IRS Form SS-4 or an online application.  One question in the application process asks the applicant to identify the “responsible party,” which the IRS defines as “the person who ultimately owns or controls the entity or who exercises ultimate effective control over the entity.” In deciding who to list as the responsible party, the IRS encourages applicants to consider whether the party has “a level of control over, or entitlement to, the funds or assets in the entity that, as a practical matter, enables the person, directly

Group Ruling Holders will no longer receive lists of parent and subsidiary accounts from IRS

March 21, 2019

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As of January 1, 2019, the IRS stopped mailing lists of parent and subsidiary accounts to central organizations (group ruling holders) for verification and return. Central organizations with accounting periods ending June 30, 2019, must submit updates by April 1, 2019. See Group Exemption Rulings and Group Returns for details.

Upcoming professional development class offered by the NPML Program at UMSL: “Managing Meaningful Group Volunteer Experiences”

March 8, 2019

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Friday, March 29, 2019 from 9 a.m. to 1 p.m. in #410 SSB/Social Science and Business building (on the UMSL north campus. Note different building than where most of our classes take place)

Do you frequently have groups contacting your organization for volunteer projects? Maybe you have a big project or special event that requires a group of volunteers? Or you would like to engage a group of skills-based volunteers at your organization? This interactive class will guide you through the important steps of planning and organizing a volunteer group to ensure that everyone has a meaningful volunteer experience. It will highlight best practices in developing a group volunteer project, working with a group volunteer leader as well as coordinating a project’s day of logistics.

Instructor Alexandra Brownfield applies her volunteer management expertise, industry experience, and steadfast energy to advise organizations on building effective volunteer programs. A graduate of Saint

Job opportunities at the IRS, Tax Exempt & Government Entities

March 6, 2019

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The IRS Tax Exempt & Government Entities Division (TE/GE) has a wide range of job opportunities available. Apply today to become part of our team and help us oversee a vital part of the nation’s tax system.

1. Are you a recent graduate with qualifying accounting credits? Apply today to become a Revenue Agent through our Pathways Recent Graduates program. In this job, you’ll help taxpayers understand and comply with their tax obligations and apply tax laws with integrity and fairness.

IRS Pathways Recent Graduate Program (Internal Revenue Agent)

Multiple Locations

Starting at $33,394 (GS 05-09)

This job is open 02/25/2019 to 03/15/2019

2. Apply today to become a Tax Compliance Officer. As a TCO, you’ll plan, coordinate and conduct independent Correspondence Examinations and related investigations of individual and/or business taxpayers. You’ll also provide tax law and tax-related accounting assistance to taxpayers.

Tax Specialist (Tax Compliance Officer-TCO) **12

Upcoming professional development class offered by the NPML Program at UMSL: “How Do We Know We Are Doing Good Work?”

February 11, 2019

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Thursday, March 7, 2019 from 1-5 p.m. in #402 J.C. Penney Conference Center (on the UMSL north campus)

You go to work each day hoping that what you do is making a difference. But how do you know the hard work you and the staff of your nonprofit organization are doing is having a positive impact and achieving your mission? This class is oriented toward program staff and leadership as they seek to implement and manage successful programs. It will provide an overview of approaches to assess program impact including logic models, and questions to think about when considering whether programs are effective. Class activities will include small group and hands-on exercises.

Instructor Jama Dodson has spent much of her career in non-profit program and executive management roles with a particular interest in services for children and youth.  She came to St. Louis from Rochester, NY in 2000 to establish

TE/GE Fiscal Year 2018 Accomplishments Letter

February 1, 2019

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TE/GE is pleased to announce the release of the Tax Exempt and Government Entities Fiscal Year 2018 Accomplishments Letter that:

  • Contains information on TE/GE’s contributions to the tax administration system
  • Lists each TE/GE function’s accomplishments under the six portfolio programs of our compliance program

You may also want to review the TE/GE Fiscal Year 2019 Program Letter, which explains TE/GE’s compliance program consisting of:

  • Compliance strategies
  • Data-driven approaches
  • Referrals, claims and other casework
  • Compliance contacts
  • Determinations
  • Voluntary compliance and other technical programs
  • Upcoming professional development class offered by the NPML Program at UMSL: “Grants Research: An Introduction to Data Resources and Grant Prospect Research”

    December 11, 2018

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    Grants Research: An Introduction to Data Resources and Grant Prospect Research

    Thursday, Jan. 24, 2019 from 1- 4 p.m. in # 202 J.C. Penney Conference Center (on the UMSL north campus)

    Successful grant research includes a review of various kinds of data like giving statistics, reports, and databases. But learning to identify, evaluate, and select data resources used in grants research can be a challenge. This course will provide participants with (a) an introduction to the process of information evaluation, (b) data resources commonly available in grant development, and (c) how to use the “Foundation Database Online Professional” database to identify and evaluate funding prospects.

    Brad Smith is the Nonprofit Information Resource Manager for the St. Charles City-County Library District. In that capacity, he oversees the delivery of the Library District’s specialty services to the nonprofit community. As a representative of the Library District, he regularly provides consultation services

    IRS issues guidance for determining nondeductible amount of parking fringe expenses and unrelated business taxable income; provides penalty relief to tax-exempt organizations

    December 11, 2018

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    WASHINGTON – The Internal Revenue Service today issuedinterim guidance regarding the treatment of qualified transportation fringe benefit expenses paid or incurred after Dec. 31, 2017.

    The new rules assist taxpayers in determining the amount of parking expenses that are no longer tax deductible. They also help tax-exempt organizations determine how these nondeductible parking expenses create or increase unrelated business taxable income (UBTI).

    The IRS acknowledges that this guidance falls late in the year and taxpayers that own or lease parking facilities may have already adopted reasonable methods in 2018 to determine the amount of their nondeductible parking expenses. Taxpayers may rely on the guidance or, until further guidance is issued, use any reasonable method for determining nondeductible parking expenses related to employer-provided parking. 

    A key part of this guidance is a special rule, enabling many employers to retroactively reduce the amount of their nondeductible parking expenses. Under

    EO Update: e-News for Charities & Nonprofits

    November 16, 2018

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    Latest webcasts for charities and nonprofits

    Four new presentations are available for 501(c)(3) organizations. Additional charities and nonprofits topics are onIRSvideos.gov.

    Recent IRS notices affecting Exempt Organizations

    • Notice 2018-55 Tax reform imposes a 1.4 percent excise tax on the investment income of certain educational institutions.
    • Notice 2018-67 An exempt organization with more than one unrelated trade or business must calculate unrelated business taxable income separately for each trade or business.

    Issue snapshots

    Issue Snapshots are IRS employee job aids that provide analysis and resources along with audit tips and issue indicators for technical tax issues. Visit Issue Snapshots for a complete listing of issue snapshots for Exempt Organizations.

    Focus on Fraud: Prevention and Detection Measures for Nonprofit Organizations

    November 5, 2018

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    Thursday, Dec. 6, 2018 from 2-5 p.m. in # 202 of the J.C. Penney Conference Center (on the UMSL north campus)

    News stories about fraud and embezzlement at nonprofit organizations abound. Too many organizations find themselves dealing with these kinds of problems when an understanding of common schemes, and the implementation of relatively simple, yet important processes, procedures, and policies could protect them from many of these issues.

    Join us for a discussion on how nonprofits can prevent and detect fraud within their organizations. Topics to be covered include:

    • Prevalence of Fraud and Recent Examples of Fraud
    • Common Types of Fraud Schemes
    • Red Flags
    • Preventive and Detective Internal Controls
    • Investigating Potential Frauds

    Instructor Christina Solomon is a Partner in Rubin Brown’s Business Advisory Services Group. As a financial forensics expert, she performs forensic accounting analysis and fraud investigations. She has provided financial consultation to businesses in a variety