On June 18, the IRS released a special issue of its Exempt Organization Newsletter, Issue Number 2013-10.

Check out this summer’s IRS phone forums

These phone forums have been approved by the IRS Return Preparer Office for continuing education credits. 

“What you need to know about the 403(b) Pre-Approved Plan Program” – June 25

Sign up for this phone forum to learn about the upcoming 403(b) Pre-Approved Plan Program. Join IRS tax law specialists as they discuss this new program for 403(b) retirement plans, which is outlined in Revenue Procedure 2013-22 and set to open June 28.

“Charities and their Volunteers” – July 17

Many charities use all-volunteer labor to accomplish their work. Even those fortunate enough to have paid staff often rely heavily on volunteers to enhance their efforts.

This phone forum will help charity leaders and tax practitioners understand the tax rules that can come into play with volunteers. We’ll discuss what charities and their volunteers need to do to avoid any unintended tax consequences for the organization or the volunteer.

Topics include:

  • Out-of-pocket expenses
  • Which expenses are deductible
  • Travel expenses
  • Vehicle expenses
  • Recordkeeping
  • Reimbursing the volunteer

Click here to register for this event.

“Veterans Organizations – Complying with IRS Rules” — July 30

Veterans organizations occupy a special place in the world of exempt organizations. Not only are most veterans organizations exempt from tax, but contributions to them may be deductible, and some are permitted to set aside amounts that are used to provide insurance benefits to members.

This combination — tax-exempt status, deductibility of contributions and the ability to pay benefits to members — is relatively rare and is evidence of Congress’s intent to provide special tax treatment for veterans organizations. This phone forum provides information to help them stay tax exempt.

Topics include:

  • Requirements for exemption
  • Recordkeeping
  • Filing and reporting
  • Unrelated business income tax
  • Exempt activities
  • Bona fide guests

Click here to register for this event.